Financial Services Committee | Republicans

Dec15

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), released the following statement regarding Securities and Exchange Commission (SEC) Chair Gary Gensler pursuing major rulemakings with inadequate public comment periods: Im disappointed Chair Gensler continues to pursue significant, and often partisan, rulemakings without adequate time for public comment, said Republican Leader McHenry. This is part of an alarming trend of President Bidens financia...

Today, Republicans on the House Financial Services Committee, led by Patrick McHenry (NC-10), opened an investigation into the unprecedented, attempted power grab by Democrats on the Federal Deposit Insurance Corporations (FDIC) Board of Directors, including Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, acting head of the Office of Comptroller of the Currency Michael Hsu, and FDIC Board Member Martin Gruenberg. In a letter to Financial Services Committee Chairwoman Maxine W...

Today, the top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), joined Yahoo Finance to discuss yesterdays hearing with CEOs of digital assets organizations, Web3, and the future of crypto regulation in the U.S. Watch the full interview here or by clicking the image above. Read excerpts from Republican Leader McHenrys interview: On burdensome regulations pushing digital asset innovation overseas: I don't think it's a question of tough or lax regulation. We curren...

The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement regarding an attempt by the Consumer Financial Protection Bureau (CFPB) Director, Rohit Chopra, and a Federal Deposit Insurance Corporation (FDIC) Director, Martin Gruenberg, to circumvent FDIC Chairwoman Jelena McWilliams: Rohit Chopra and the White House are attempting an unprecedented power grab at the FDIC," said Republican Leader McHenry. "Todays action was highly problema...

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Financial Services Committee | Republicans

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