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.
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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 open to Biden’s call to claw back SVB executive pay
We’re going to take a look at that," House Financial Services Chairman Patrick T. McHenry, R-N.C., said at House Republicans’ policy retreat in Orlando, Fla., last week.
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.
Yellen, House Republicans spar over tax increases, debt limit
Kevin Hern, R-Okla., told Yellen there’s "no way in the world" that Republicans will go along with those efforts.
Congress · 118th Congress
Biden, McCarthy make ‘no promises’ on debt, will keep talking
House Ways and Means Chairman Jason Smith, R-Mo., Appropriations Chairwoman Kay Granger, R-Texas, Budget Chairman Jodey C. Arrington, R-Texas, and Financial Services Chairman Patrick T.
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
Senate Banking Democrats plan bigger role in crypto legislation
Patrick T. McHenry, R-N.C., to get legislation to the president’s desk.
Policy · 117th Congress
Biden dismisses calls for abolishing debt limit
Jim Banks, R-Ind., the RSC chairman, told CBS News Thursday that the party should use the upcoming debt limit as a negotiating tool.
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
Major corporations make last-ditch push for R&D tax break
In a letter, CEOs of Intel Corp., AT&T Inc., 3M Co. and 33 other big corporations said Tuesday that it “could be the last chance to avert the consequences of failing to act before the end of the first
Congress · 117th Congress
IRS budget in focus as brutal tax filing season arrives
Bob Menendez, D-N.J., and Bill Cassidy, R-La., 23 Democrats and two Republicans urged the IRS to consider steps including a pause on automated collections of unpaid taxes, dropping fines for taxpayers
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.
Congress · 117th Congress
Democrats’ report urges diversity, pay equity disclosure bills
Spokespersons for House Financial Services ranking member Patrick T. McHenry, R-N.C., and Rep.
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 · 117th Congress
After Supreme Court strikes down eviction ban, Democrats scramble to find response
Meanwhile, Republicans, including House Financial Services ranking member Patrick T.
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
Adulting might be alive and well in Congress
Greg Walden, R-Ore., walks through the Capitol on Dec. 4, 2020. (Caroline Brehman/CQ Roll Call) Walden, like Alexander, is no pure policy geek.