Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Department of the Treasury’s notice of proposed rulemaking (NPRM) implementing the White House’s Executive Order on outbound U.S. investment to China: “This rulemaking appears to be a step in the right direction, and I look forward to examining it in more depth,” said Chairman McHenry. “It’s promising Treasury attempts to narrow the rule’s scope to be more tar...
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings: National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “The Role of the Export-Import (Ex-Im) Bank of the United States Amid Intensifying Economic Competition with China” Time: 10:00 AM ET Date: Thursday, June 27, 2024 Place: 2128 Rayburn House Office Building Additional information regarding the hearing—including the lives...
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings: Housing and Insurance Subcommittee Hearing Entitled: “Housing Oversight: Testimony of the HUD and FHFA Inspectors General” Time: 10:00 AM ET Date: Wednesday, June 26, 2024 Place: 2128 Rayburn House Office Building Additional information regarding the hearing—including the livestream, committee memo, relevant legislation, and witness list—can be found here and will be updated ...
Today, the House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing with Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra. Republicans are taking Director Chopra’s CFPB to task for its politicized agenda and unaccountability. Watch Chairman McHenry’s opening remarks here. Read Chairman McHenry’s opening remarks as prepared for delivery: “Last month, the Supreme Court upheld the funding structure of the Consumer Financial Protection Bureau...