Patrick McHenry

Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry

Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
November 29, 2023  |  Regulation

House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a...

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Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
August 28, 2023  |  Regulation

A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the...

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132 Members of Congress Say CFPB Funding Structure Unconstitutional
132 Members of Congress Say CFPB Funding Structure Unconstitutional
July 11, 2023  |  CFPB

A group of 132 members of Congress favor challenging the funding structure of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form...

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Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
June 12, 2023  |  Regulation

In today’s fast-paced world, financial crimes are becoming increasingly common, and it’s crucial to safeguard consumers and businesses.  Get the Full Story Complete the form...

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Lawmakers Demand FinCEN Educate Businesses on Beneficial Ownership Reporting Requirements
Lawmakers Demand FinCEN Educate Businesses on Beneficial Ownership Reporting Requirements
June 08, 2023  |  Regulation

Lawmakers are demanding greater clarity on FinCEN’s forthcoming beneficial ownership reporting requirements. Get the Full Story Complete the form to unlock this article and enjoy...

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House GOP Crypto Bill Lays Out SEC and CFTC Roles
House GOP Crypto Bill Lays Out SEC and CFTC Roles
June 04, 2023  |  Regulation

House Republicans have unveiled legislation they say fills in gaps in the country’s cryptocurrency regulations. Get the Full Story Complete the form to unlock this...

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US Lawmakers Debate Dueling Stablecoin Bill Drafts
US Lawmakers Debate Dueling Stablecoin Bill Drafts
May 18, 2023  |  Regulation

U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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McHenry: Biden Created ‘Perfect Storm’ for Banking Crisis
McHenry: Biden Created ‘Perfect Storm’ for Banking Crisis
May 17, 2023  |  Bank Regulation

A top House Republican says White House “mismanagement” helped trigger the recent banking crisis. Get the Full Story Complete the form to unlock this article...

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McHenry Questions FDIC’s Response to Banking Failures
McHenry Questions FDIC’s Response to Banking Failures
May 01, 2023  |  Regulation

A leading House Republican is questioning the federal government’s response to First Republic Bank’s collapse. Get the Full Story Complete the form to unlock this...

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