Financial Services Committee Republicans

Financial Services Committee Republicans U.S. House Committee with oversight of the financial services industry. Top priorities: a stronger e

The Committee's Republican members are:

Patrick McHenry, North Carolina, Chairman

Frank D. Lucas, Oklahoma

Pete Sessions, Texas

Bill Posey, Florida

Blaine Luetkemeyer, Missouri

Bill Huizenga, Michigan

Ann Wagner, Missouri, Vice Ranking Member

Andy Barr, Kentucky

Roger Williams, Texas

French Hill, Arkansas

Tom Emmer, Minnesota

Barry Loudermilk, Georgia

Alexander X. Mooney, West Virgin

ia

Warren Davidson, Ohio

John Rose, Tennessee

Bryan Steil, Wisconsin

Lance Gooden, Texas

William Timmons, South Carolina

Ralph Norman, South Carolina

 : Chairman Patrick McHenry announces a Housing and Insurance Subcommittee hearing entitled "Housing Affordability: Gove...
11/29/2023

: Chairman Patrick McHenry announces a Housing and Insurance Subcommittee hearing entitled "Housing Affordability: Governmental Barriers and Market-Based Solutions."

📺 Tune in 🔗

Director Chopra's tenure at the head of the   can be defined by a single word: unaccountable. Committee Republicans are ...
11/29/2023

Director Chopra's tenure at the head of the can be defined by a single word: unaccountable.

Committee Republicans are taking Chopra's CFPB to task for its policies that disregards Congressional intent and exceeds its statutory authority.

The Consumer Financial Protection Bureau (CFPB)'s 1071 rule is a blatant attempt to weaponize lending data against borro...
11/29/2023

The Consumer Financial Protection Bureau (CFPB)'s 1071 rule is a blatant attempt to weaponize lending data against borrowers whose business activities are unfavorable to progressive activists.

It's not the job of regulators to make lending decisions for creditors.

This rule is bad for .

Director Chopra's CFPB is considering blocking law enforcement fighting terrorism from accessing essential data in order...
11/29/2023

Director Chopra's CFPB is considering blocking law enforcement fighting terrorism from accessing essential data in order to push progressive social policy.

Another case of misplaced priorities and rampant politicization at the Bureau.

The FBI stopped an ISIS attack in 2015 using credit-header data, which the bureau wants to restrict.

Embarrassing: the IMF wants to use a climate slush fund to waste more money in Argentina. US Treasury should end the cha...
11/28/2023

Embarrassing: the IMF wants to use a climate slush fund to waste more money in Argentina.

US Treasury should end the charade and finally insist on a program that works.

The International Monetary Fund is "very keen" to support Argentina and the country could be a candidate to receive financing through its Resilience and Sustainability Trust (RST), the Fund's chief Kristalina Georgieva said.

 : Chairman Patrick McHenry announces a Digital Assets, Financial Technology and Inclusion Subcommittee hearing entitled...
11/28/2023

: Chairman Patrick McHenry announces a Digital Assets, Financial Technology and Inclusion Subcommittee hearing entitled: "Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services."

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Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: “Fostering Financial Innovation: How Agencies Can Leverage Technology to Shape the Future of Financial Services”

Home prices just reached a new record in September as homes for sale become more and more scarce under Joe Biden's leade...
11/28/2023

Home prices just reached a new record in September as homes for sale become more and more scarce under Joe Biden's leadership.

is pushing the American dream of home ownership out of reach for families nationwide.

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The S&P CoreLogic Case-Shiller National Home Price Index, which measures home prices across the nation, rose 3.9% from a year earlier in September.

"It should be left to bankers, not regulators, to determine which risks are worth taking." Biden regulators' Basel III e...
11/27/2023

"It should be left to bankers, not regulators, to determine which risks are worth taking."

Biden regulators' Basel III endgame proposal would inject bureaucrats into balance sheets to reduce lending, stifle homeownership, and make credit more expensive.

Regulators shouldn’t try to micromanage balance sheets. Better to set simpler leverage limits and leave the risk decisions to bankers.

Recent polling shows Americans aren't buying the White House's gaslighting on the economy. "After years of inflation, US...
11/27/2023

Recent polling shows Americans aren't buying the White House's gaslighting on the economy.

"After years of inflation, US consumers are shouldering a burden unlike anything seen in decades — even as the pace of price increases has slowed."

Prices of nearly everything — from rent to groceries to utilities — remain far higher than before the pandemic

 : Chairman Congressman French Hill convenes the Digital Assets, Financial Technology and Inclusion Subcommittee for a h...
11/15/2023

: Chairman Congressman French Hill convenes the Digital Assets, Financial Technology and Inclusion Subcommittee for a hearing entitled "Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets."

📺 Watch Live 🔗

 : Chairman Patrick McHenry & Senator Cynthia Lummis led a bipartisan, bicameral letter urging the prudential regulators...
11/15/2023

: Chairman Patrick McHenry & Senator Cynthia Lummis led a bipartisan, bicameral letter urging the prudential regulators not to enforce .

The letter follows a GAO finding that the bulletin constitutes a "rule" for purposes of the CRA.

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The Chairman of the House Financial Services Committee, Patrick McHenry (R-NC), and Senator Cynthia Lummis (R-WY) led a letter with a bipartisan group of colleagues to the prudential regulators—the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board of Governors (Fed), the...

 : Chairman Patrick McHenry and Subcommittee Chairman Congressman Andy Barr demand answers from the prudential regulator...
11/14/2023

: Chairman Patrick McHenry and Subcommittee Chairman Congressman Andy Barr demand answers from the prudential regulators on their dealings with global governance bodies that put the American financial system at a competitive disadvantage.

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Ahead of tomorrow's hearing with prudential regulators, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Andy Barr (KY-06), sent letters to the Office of the Comptroller of the Currenc...

 : The House Financial Services Committee, led by Chairman Patrick McHenry, passed eleven bipartisan pieces of legislati...
11/14/2023

: The House Financial Services Committee, led by Chairman Patrick McHenry, passed eleven bipartisan pieces of legislation to hold Iran accountable for financing Hamas and terrorism around the globe.

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Today, the House Financial Services Committee passed eleven bipartisan pieces of legislation in the wake of the barbaric attack on Israel by Iranian-backed Hamas terrorists and ongoing geopolitical turmoil. Included among the bills reported to the House for consideration are measures to further ...

11/14/2023

WATCH: Rep. Bill Huizenga delivers remarks in support of his bill, the No U.S. Financing for Iran Act of 2023:

"We are really taking what some would say is policy and we're codifying it–we're making it the law."

📺 Watch his full remarks 👇

Recent attacks in Israel are just one manifestation of Iran's financial support for terrorist organizations worldwide.Th...
11/14/2023

Recent attacks in Israel are just one manifestation of Iran's financial support for terrorist organizations worldwide.

The bills at today's markup not only address Iran's role in Hamas' unjustified attack on Israel, but also block financing its proxies around the globe.

Today, the Committee will take up a slate of bills to provide a robust legislative response to recent terror attacks aga...
11/14/2023

Today, the Committee will take up a slate of bills to provide a robust legislative response to recent terror attacks against Israel.

Republicans stand unequivocally with our ally as it works to rid itself of the threat of terrorism and defend its right to exist.

It's no secret that Hamas' terror has been aided and abetted by the Ayatollah's regime—the world's leading state sponsor...
11/14/2023

It's no secret that Hamas' terror has been aided and abetted by the Ayatollah's regime—the world's leading state sponsor of terror.

Republicans are advancing a comprehensive legislative response that holds Iran and its leaders accountable.

11/09/2023

: Chairman Patrick McHenry at today's Member Day hearing:

"Today’s hearing is an opportunity for lawmakers across the House, regardless of committee assignment, to engage with legislation that falls under our jurisdiction here at the Financial Services Committee."

📺👇

 : Chairman Patrick McHenry convenes the House Financial Services Committee for its Member Day for the 118th Congress.📺 ...
11/09/2023

: Chairman Patrick McHenry convenes the House Financial Services Committee for its Member Day for the 118th Congress.

📺 Tune in 🔗

H.R. 1244, "the original legislation awarding a historic Congressional Gold Medal, collectively, to Africans and their descendants enslaved within our country from August 20, 1619, to December 6, 1865’’

 : Chairman Patrick McHenry announces a Digital Assets, Financial Technology and Inclusion Subcommittee hearing entitled...
11/08/2023

: Chairman Patrick McHenry announces a Digital Assets, Financial Technology and Inclusion Subcommittee hearing entitled "Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets."

📖 Read more 🔗

Digital Assets, Financial Technology and Inclusion Subcommittee Hearing Entitled: “Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets”

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2129 Rayburn House Office Building
Washington D.C., DC
20515

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