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.
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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.
Campaigns · 118th Congress
McCarthy wins speaker election, finally
Matt Gaetz, R-Fla., gestures to Republican Leader Kevin McCarthy, R-Calif., as members try to convince Gaetz to change his vote at the end of the failed 14th vote to elect a speaker late Friday night.
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
Crypto sector lobbying expenditures up a third in second quarter
In the House, Financial Services Chairwoman Maxine Waters, D-Calif., and ranking member Patrick T.
Congress · 117th Congress
McHenry, eyeing House Financial Services chair, racks up campaign donations
House Financial Services ranking Republican Patrick T. McHenry raised about $940,000 in campaign donations in the weeks leading up to and months after setting his sights on the panel chairmanship.
Congress · 117th Congress
Unimpressed with post office banking trial, backers eye new initiative
James R. Comer, ranking Republican on the House Oversight and Reform Committee, and North Carolina Rep. Patrick T.
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.
Campaigns · 117th Congress
Campaign spending on child care growing steadily since FEC allowed it
Peter T. King, R-N.Y., in a GOP-leaning Long Island district.
Congress · 117th Congress
Fudge, having sought USDA job, to make case for HUD secretary
“The housing needs of Americans are too great to appoint someone who is accepting this position as a consolation prize,” 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
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.
Congress · 116th Congress
Pessimism creeps into revived coronavirus relief bill talks
Roy Blunt, R-Mo. The Missouri Republican suggested there may be ways for both sides to claim different spending numbers on a final deal, such as offsetting the cost by redirecting unused funds.
Congress · 116th Congress
House narrowly passes $3 trillion coronavirus aid bill
Peter T. King, R-N.Y., was the lone Republican to support the measure, citing robust aid for states and localities like his suffering from revenue shortfalls and high numbers of COVID-19 cases.
Policy · 116th Congress
States, localities plead for COVID money, but McConnell says no
Speaking on Hugh Hewitt’s radio show Wednesday, Senate Majority Leader Mitch McConnell, R-Ky., said he didn’t want Congress to come to states’ fiscal rescue.
Policy · 116th Congress
Stimulus bill gives Fed direct loan funds with few strings
Crapo, R-Idaho., said in a statement that the funds would support $4 trillion in Fed lending. On a press call Wednesday with reporters, Sen. Patrick J.
Republicans Not Entitled to Their Own Set of Facts
In 2006, House Minority Leader John Boehner (R-Ohio) said that the economic policies put in place by Republicans are working as planned to spur economic growth and reduce the deficit. But the facts say