House Financial Services Committee (HFSC) Chairman Patrick McHenry, R-N.C., condemned a proposed rule announced Tuesday (June 11) by the Consumer Financial Protection Bureau (CFPB), saying...
The U.S. House of Representatives passed a bill Thursday (May 23) that would stop bureaucrats from issuing a central bank digital currency (CBDC) without explicit...
House Republicans think America’s financial oversight bodies need some oversight of their own. U.S. Rep. Patrick McHenry (R-NC), chair of the House Financial Services Committee, re-introduced legislation Wednesday...
The U.S. House of Representatives will again consider a bill designed to protect the country’s financial infrastructure from ransomware attacks. The bipartisan “Ransomware and Financial...
House Financial Services Committee (HFSC) Chairman Patrick McHenry (R-N.C.) said Thursday (March 21) that the Basel III Endgame proposal and other projects threaten to give global governance...
American lawmakers have approved a bill that could ban TikTok in the U.S. The U.S. House of Representatives voted 352-65 Wednesday (March 13) in favor of the legislation, aimed...
The Financial Services Innovation Act will again be considered by the U.S. House of Representatives. Rep. Patrick McHenry, R-N.C., chairman of the House Financial Services Committee (HFSC), reintroduced the...
A top House Republican says the White House’s new beneficial ownership rules are needlessly complex. U.S. Rep. Patrick McHenry, (R-N.C.), head of the House Financial Services...
Three members of Congress have asked the Federal Deposit Insurance Corp. (FDIC) for information about how it will provide regulatory guidance for FinTech firms and other financial...