The labor market now is better than it was in President Obama's first term of office.
Pat McHenry
The Public Record
Patrick Timothy McHenry is a Republican member of the United States House of Representatives, representing North Carolina's 10th congressional district since 2005. Throughout his tenure, he has held various leadership roles, including serving as the ranking member of the House Financial Services Committee. McHenry is known for his focus on financial services and technology issues, advocating for policies that promote innovation and economic growth.
I appreciate your work to protect the independence of the Fed, and I know that you will continue to do so.
We have politicians who are talking down our economy, with even the Speaker of the House saying, 'The economic crisis is accelerating.'
What is called for is targeted temporary relief directly related to COVID, not a typical stimulus bill in the name of COVID relief.
I think the project is vital. I think it is vital for American competitiveness, but also there is a fear that some want to use the digital dollars as a way to kill private-sector innovation in our banking system.
I'd like to reiterate the ranking member's commitment that the House Financial Services Committee Republicans stand ready to work with the Majority to continue to provide oversight on and investigation of the GameStop activities.
These average, everyday investors are pretty darn sophisticated. There is wisdom in the crowd.
A fundamental change is happening. Like never before, everyday investors can communicate, access more information, and work collectively to move markets.
I believe Americans are far more sophisticated, informed, and capable than people in D.C. give them credit for.
I was a strong advocate for as large an Exchange Stabilization Fund dollar amount as possible
There has been a lot of partisan talk by my colleagues on the Democratic side of the aisle attacking the actions of the Treasury Secretary.
I know committee Democrats and a lot of Democrats in Congress said that they wouldn't go home until they had a deal, and then they went home for 10 days.
I don't see the election outcome as this vote for the woke left policy agenda of House progressives; it was anything but that.
I stand ready to work with Members on both sides of the aisle, and the incoming Biden Administration, on reforming our financial system.
I have great confidence that the actions that you have taken have made a very challenging situation... prevent a financial crisis.
I commend you for that action, but I also urge you to continue this good work.
Democrats would rather bail out blue States and hold out for that rather than help people who are still out of work.





