Crypto, Defense bills back on track after Oval Office talk
House Agriculture Chairman Glenn "GT" Thompson, R-Pa., said there is some tension between the House and Senate.
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CBO: Deficits and inflation higher, but so is economic growth
Arrington, R-Texas, said "unsustainable" spending negates the benefit of additional revenue in the forecast "by undermining the prowess of the U.S. economy, further eroding consumer confidence and fueling
Congress · 118th Congress
Biden to challenge GOP on lowering costs in State of the Union address
House Financial Services Chairman Patrick T.
Debt crisis: Biden should seek a 14th Amendment legal ruling. Trump just showed why
The White House meeting he hosted Tuesday with Speaker Kevin McCarthy, R-Calif., and the other congressional leaders was more perfunctory than productive.
White House urges regulators to toughen rules after bank failures
House Financial Services Chairman Patrick T. McHenry, R-N.C., said the administration was politicizing the failures by blaming regulations when the regulators were at fault.
Lawmakers float ways to recapture deposit insurance discipline
Ralph Norman, R-S.C., a member of the House Financial Services Committee.
Post-mortems begin on Silicon Valley Bank failure
Crapo, R-Idaho, was not impressed by Biden’s call to revisit the 2018 legislation.
Heard On The Hill · 117th Congress
What to read (and gift): Capitol Hill insiders share their favorite books of 2022
Patrick T. McHenry, R-N.C., incoming chairman of the House Financial Services Committee “In the Hurricane’s Eye: The Genius of George Washington and the Victory at Yorktown,” by Nathaniel Philbrick.
Congress · 117th Congress
As FTX burned, lawmakers said to be dithering over regulator
Cynthia Lummis, R-Wyo., and co-sponsored by Sen. Kirsten Gillibrand, D-N.Y., and another introduced by House Agriculture ranking member Rep. Glenn “GT” Thompson, R-Pa., and backed by Reps.
Congress · 117th Congress
Expected Financial Services chair found consensus with Democrats
Patrick T. McHenry, a North Carolina Republican, than to him. “He’s a legitimate draw,” Cole told CQ Roll Call in an interview. “People are interested in what Patrick McHenry has to say.”
Congress · 117th Congress
Lawmakers trip over privacy and security of digital dollar
French Hill, R-Ark., illustrate the growing chasm between the two parties over a government-backed digital dollar.
Congress · 117th Congress
Can Congress buy in to digital dollar without legislation?
A handful of House Republicans led by Financial Services ranking member Patrick T. McHenry, sent a letter this month to Attorney General Merrick B. Garland asking for a copy of the assessment.
Congress · 117th Congress
GOP midterm victory would add pressure on fintech regulators
Toomey, R-Pa., for example, has chastised regulators for not providing more clarity.
Congress · 117th Congress
Bank executives warn lawmakers of lending risk among nonbanks
Ranking Republican Patrick T.
Congress · 117th Congress
With eye on 2021 law, crypto industry to ‘engage’ with Congress in 2022
Tom Emmer, R-Minn., that would prevent tokens from being considered securities. Another bill, introduced in the last Congress by then-Rep. K.
Policy · 117th Congress
SEC’s Peirce sees room to regulate stablecoins through bank ‘lens’
Patrick T. McHenry, R-N.C., the ranking member on the House Financial Services Committee.
Congress · 116th Congress
Toomey digs in on ‘redundant’ Fed facilities provision
Toomey, R-Pa., said preventing the next Treasury secretary and the Federal Reserve from relaunching five emergency credit facilities next year was “the most important thing to me” in the COVID-19 rescue
Congress · 116th Congress
After 12 years of work, Congress is set to disclose hidden corporate owners
Peter T. King, R-N.Y., a co-sponsor. Other proposals popped up in the Senate. None went far.
Congress · 116th Congress
Democrats look to Biden for progressive financial policies
Ranking member Patrick T. McHenry, R-N.C., disagreed with that interpretation, noting that Republicans gained seats in the House.
Policy · 116th Congress
Mnuchin, Powell say Congress needs to pass more COVID-19 relief
Financial Services ranking member Patrick T. McHenry, R-N.C., on Tuesday urged both sides to concede more. “We need to come to terms,” McHenry said.