In Case You Missed It

Search By:
  • McHenry presses Fed on supervision of Capital One following data breach
    Aug 7, 2019 - Rep. Patrick McHenry (R-N.C.) today pressed Federal Reserve regulatory chief Randal Quarles for more information about the central bank's supervision of Capital One following a massive data breach at the bank. "I ask that you provide information on the Capital One breach, including an indication of ... More
  • Will GOP Credit Reporting Bill Gain Bipartisan Support?
    Aug 6, 2019 - Credit reporting companies would be subject to supervision and examination authority by the Consumer Financial Protection Bureau (CFPB) and would be barred from using Social Security numbers, under new legislation proposed by Rep. Patrick McHenry (R-N.C.). Unlike earlier bills that have passed throu... More
  • House bill would reform credit reporting agencies
    Jul 23, 2019 - Legislation introduced in the U.S. House of Representatives last week seeks to reform the supervision of credit reporting agencies. The bill, introduced by Rep. Patrick McHenry (R-NC), is designed to ensure that credit files are accurate and transparent and personally identifiable information is pro... More
  • GOP lawmaker: Innovation should not go to Washington ‘to die’
    Jul 17, 2019 - Amid bipartisan backlash against Libra, Facebook’s new cryptocurrency project, some House Republicans are urging Congress to keep an open mind about emerging technologies. The top Republican on the House Financial Services committee warned his colleagues not to make Facebook a “political talking poi... More
  • Congressman McHenry Looks to Support Responsible Innovation During Libra Hearing
    Jul 17, 2019 - Congressman Patrick McHenry, Ranking Member on the House Financial Services Committee, told his fellow members at the Libra hearing today to “go beyond the headlines” when probing Facebook’s project to create a global payment ecosystem. The hours-long hearing saw David Marcus, head of Libra, hammere... More
  • Rep. McHenry: Hearing Is 90% Facebook, 10% Digital Currency
    Jul 17, 2019 - Rep. Patrick McHenry (R-North Carolina) discusses hearings with Facebook and thoughts on their digital currency. He speaks with Bloomberg's David Westin on "Bloomberg Daybreak: Americas." More
  • Rep. Patrick McHenry: 'There's no capacity to kill Bitcoin'
    Jul 17, 2019 - Rep. Patrick McHenry (R-N.C.), ranking member of the Financial Services Committee, joins "Squawk Box" to discuss the tech hearing on Capitol Hill. Rep. Patrick McHenry: 'There's no capacity to kill Bitcoin' from CNBC. More
  • Rep. Patrick McHenry on Fed Independence
    Jul 10, 2019 - Fed Chair Jay Powell is set to testify later Wednesday morning in front of the House Financial Services Committee as well as the Senate Banking Committee on Thursday. Rep. Patrick McHenry (R-N.C.), who is the ranking member of the Financial Services Committee, joins "Squawk Box" to discuss what he ... More
  • Hill leads new bipartisan AI task force on mission to foster innovation in financial sector
    Jun 28, 2019 - The simulation of human intelligence processes by computer systems is not without both benefits and challenges, said U.S. Rep. French Hill (R-AR), ranking member of the U.S. House Financial Services Committee Task Force on Artificial Intelligence (AI), during its first meeting on Wednesday. “Over th... More
  • Rep. Patrick McHenry on his concern over Facebook's new cryptocurrency
    Jun 26, 2019 - The House Financial Services Committee invited Facebook to testify at a July hearing about its cryptocurrency plans. Ranking Republican on the committee Congressman Patrick McHenry (R-N.C.) joins "Squawk Box" to discuss. More