Patrick McHenry

US House Passes Bill Requiring Congressional Authorization for CBDC

US House Passes Bill Requiring Congressional Authorization for CBDC
US House Passes Bill Requiring Congressional Authorization for CBDC
May 24, 2024  |  CBDC

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...

READ MORE >
McHenry Proposes Office to Regulate Financial Regulators
McHenry Proposes Office to Regulate Financial Regulators
April 18, 2024  |  Legal & Regulation

House Republicans think America’s financial oversight bodies need some oversight of their own. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Bill Proposes Deterrents for Ransomware Hackers, Guidelines for Financial Institutions
Bill Proposes Deterrents for Ransomware Hackers, Guidelines for Financial Institutions
April 11, 2024  |  Cybersecurity

The U.S. House of Representatives will again consider a bill designed to protect the country’s financial infrastructure from ransomware attacks. Get the Full Story Complete...

READ MORE >
HFSC Chairman Patrick McHenry Calls for Transparency in Financial Regulation
HFSC Chairman Patrick McHenry Calls for Transparency in Financial Regulation
March 21, 2024  |  Legal & Regulation

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...

READ MORE >
House OKs TikTok Ban Aimed at Guarding Consumer Data
House OKs TikTok Ban Aimed at Guarding Consumer Data
March 13, 2024  |  Legal & Regulation

American lawmakers have approved a bill that could ban TikTok in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
HFSC Chairman Patrick McHenry Reintroduces Legislation to Create Regulatory Sandboxes
HFSC Chairman Patrick McHenry Reintroduces Legislation to Create Regulatory Sandboxes
February 27, 2024  |  Legal & Regulation

The Financial Services Innovation Act will again be considered by the U.S. House of Representatives. Get the Full Story Complete the form to unlock this article and...

READ MORE >
McHenry Questions FinCEN Funding Amid Beneficial Ownership Debate
McHenry Questions FinCEN Funding Amid Beneficial Ownership Debate
February 14, 2024  |  Legal & Regulation

A top House Republican says the White House’s new beneficial ownership rules are needlessly complex. Get the Full Story Complete the form to unlock this...

READ MORE >
Lawmakers Say FDIC Has ‘Moved Backwards on Innovation’
Lawmakers Say FDIC Has ‘Moved Backwards on Innovation’
February 02, 2024  |  Innovation

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...

READ MORE >