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McHenry, Hill Urge Waters to Call on FHFA Director to Testify on Growing Threats to Housing Finance System
June 24, 2022 - Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Housing, Community Development, and Insurance Subcommittee, French Hill (AR-02), sent a letter to Chairwoman Maxine Waters (CA-43) calling on her to invite Federal Housing Fina...More

Republicans Correct the Record Regarding the Meme Stock Event of January 2021
June 24, 2022 - Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to Committee Democrats’ report regarding the “meme stock” event of January 2021: “I first called for a hearing on the GameStop situation to understand the facts on...More

McHenry to Chair Powell: Millions of Americans Need to Be Rescued From Democrats’ American Rescue Plan
June 23, 2022 - Today, the House Financial Services Committee is holding its semi-annual hearing with Federal Reserve (Fed) Chair Jerome Powell. While the Fed continues its fight to rein in Democrat-induced inflation, the Biden Administration and Congressional Democrats must abandon their reckless priorities that w...More

McHenry Releases Discussion Draft of Financial Data Privacy Bill
June 23, 2022 - Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released a discussion draft of new legislation to modernize financial data privacy laws and give consumers more control over how their personal information is collected and used. “Republicans are putting th...More

Financial Services Republicans “Overtake” Markup to Discuss 40-Year High Inflation
June 23, 2022 - While Financial Services Committee Democrats continue their inflation blame game, Committee Republicans used this week’s markup to discuss the true driver of skyrocketing prices: Democrats’ reckless spending. Chairwoman Maxine Waters (D-CA): “I warned my staff that whatever issue we bring up today t...More

McHenry: Not One of the Bills We Are Discussing Today Will Bring Down the Cost of Food, Gas, or Housing
June 22, 2022 - Today, the House Financial Services Committee is holding a markup of mostly unrelated, partisan legislation that will do nothing to stabilize consumer prices, bring down the cost of gas, or fix our broken supply chains. Committee Democrats are more focused on scoring “wins” for vulnerable members th...More

McHenry Statement on CFPB Proposal on Credit Card Fees
June 22, 2022 - Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) Advance Notice of Proposed Rulemaking regarding credit card fees. “This is another attempt by the Biden Admini...More

McHenry, Lummis Urge Environmental Protection Agency to Consider the Benefits, Realities of Digital Asset Mining
June 21, 2022 - House Financial Services Committee Republican Leader Patrick McHenry (NC-10) and U.S. Senator Cynthia Lummis (R-WY), along with 12 of their colleagues, sent a letter to Environmental Protection Agency (EPA) Administrator Michael Regan urging him to fully study the potential environmental impacts of ...More

McHenry, McMorris Rodgers, 129 House GOP Colleagues Demand SEC Rescind Climate Disclosure Proposal
June 17, 2022 - This week, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the House Energy and Commerce Committee, Cathy McMorris Rodgers (WA-05), led a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler regarding the SEC’s proposa...More

McHenry: H.R. 2543 Will Do Nothing to Bring Down Consumer Prices or Help Struggling Families
June 15, 2022 - Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), spoke on the House floor in opposition to H.R. 2543, the Diverting Attention from Democrats’ Dismal Economy Act. Instead of addressing forty-year high inflation, surging gas prices, and broken supply chains...More

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