News List

  • McHenry Responds to Trump Administration’s Housing Finance Reform Plan
    Sep 5, 2019 - WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Trump Administration’s proposed housing finance reform plan: “Americans deserve better than the status quo. The Trump Administration’s proposal ... More
  • Ranking Member McHenry Thanks Rep. Duffy for his Leadership, Friendship, and Public Service
    Aug 26, 2019 - WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after Ranking Member of the Subcommittee on Housing, Community Development, and Insurance, Sean Duffy (WI-7), announced his resignation from Congress next month to... More
  • McHenry Applauds Volcker Rule Decision
    Aug 20, 2019 - WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Federal Deposit Insurance Corporation’s (FDIC) vote to amend the Volcker rule: "I have long advocated for reasonable reform of the Volcker rule... More
  • 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
  • Ranking Member McHenry Presses Fed for Capital One Data Security Breach Details
    Aug 5, 2019 - WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to Vice Chair for Supervision at the Federal Reserve, Randal Quarles, following the recent Capital One Financial Corporation data security breach that affected nearly 100 million A... More
  • McHenry Responds to Capital One Breach
    Jul 30, 2019 - Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in response to the Capital One Financial Corporation data security breach: "The Capital One data breach is a stark reminder of the need for stringent data security standards ... More
  • McHenry Supports CFPB Effort to Protect Taxpayers
    Jul 25, 2019 - WASHINGTON – Today, Republican leader of the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement in support of the Consumer Financial Protection Bureau’s (CFPB) decision to end the Qualified Mortgage (QM) patch for GSEs: “As I’ve said many times, we need to ... More
  • McHenry: Dodd-Frank Made the Largest Banks Larger While Suffocating Smaller Institutions
    Jul 24, 2019 - WASHINGTON – Today, the House Financial Services Committee is holding a hearing on the proposed merger of BB&T and SunTrust Bank. Despite Committee Democrats’ rhetoric, the partisan Dodd-Frank Act—which imposed overly burdensome regulations and increased the cost of compliance—has ensured the size ... More
  • Republicans Shed Light on the Impact of Dodd-Frank on Financial Institutions
    Jul 24, 2019 - WASHINGTON – Today, the full committee held a hearing to examine the proposed merger of BB&T and SunTrust Bank. Committee Republicans questioned the banks’ CEOs on the thorough review process they are complying with in order to merge, as well as their efforts to support and protect their customers w... More