McHenry: Congress Should Not Rush to Issue a CBDC. Nor Should the Fed.
May 26, 2022 -
Today, the House Financial Services Committee is holding a hearing with Federal Reserve (Fed) Vice Chair Lael Brainard to discuss a potential U.S. Central Bank Digital Currency (CBDC). Prior to today’s hearing, all Committee Republicans sent a letter to Fed Chair Jerome Powell reiterating their prin...More
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Wagner at Committee Markup: Today’s Bills Do Not Meet the Moment
May 17, 2022 -
Today, the House Financial Services Committee is holding a markup of several pieces of legislation. While families across the country are struggling with rising prices and empty store shelves, Committee Democrats are attempting to advance mostly partisan proposals that will do nothing to address the...More
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Republican Leaders Demand Answers on CFPB’s Shady Policy Fellowship Program
May 13, 2022 -
This week, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), the top Republican on the Subcommittee on Consumer Protection, Blaine Luetkemeyer (MO-03), and the Vice Ranking...More
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Top Republicans Demand Information on Role of OCC’s Hsu in FDIC Power Grab
May 12, 2022 -
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), the top Republican on the Subcommittee on Oversight and Investigations, Tom Emmer (MN-06), and the top Republican on the Subcommittee on Consumer Protection and Financial Institutions, Blaine Luetkemeyer (M...More
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House Passes Republican-Led, Bipartisan Financial Services Bills
May 11, 2022 -
Today, the U.S. House of Representatives passed several pieces of bipartisan financial services legislation, including three bills introduced by Committee Republicans. Among the bipartisan bills passed are Republican-led initiatives to further isolate the Putin regime from the international financia...More
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McHenry Raises Concerns with CRA Proposal
May 5, 2022 -
Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding the Notice of Proposed Rulemaking on the Community Reinvestment Act (CRA) released today by the Federal Deposit Insurance Corporation, the Office of the Comptroller ...More
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