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.
If the laws are to be changed, it needs to be done by legislation, by lawmakers who represent the people.
I think there is a great risk when the SEC relaxes all of its filters and permits any proposal to be submitted, especially the social proposals where the judgment of the SEC staff alone will determine whether a proposal needs to be…
It is time to get politics out of corporate boardrooms and discourage financial regulation from being weaponized to drive far-left environmental and social policy.
Inflation remains broad-based and persistent, two troubling trends the Fed expects will continue.
Despite pressure from the left, the Federal Reserve must remain committed to eliminating this stealth tax on American workers and families.
A few weeks ago, Congress took the first step toward getting our fiscal house in order through the Fiscal Responsibility Act.
We are at a critical moment for American dynamism. We can choose the side of financial freedom, innovation, inclusion, and American competitiveness, and important consumer protections at the same time, or we can let this moment pass us by…
Chair Gensler gave a speech just last week discussing his belief that the asset of the investment contract is itself the investment contract, which is completely bogus.
This should be a bipartisan process, and I intend it to be, so please share your input.
We adhered to the time-tested principle of same risk/same regulation, while modernizing our regulatory framework to better match this innovative technology.
Digital assets are no longer a new technology. They are used all over the world, and America has always led technology invention.
When we see the Securities and Exchange Commission ramping up their enforcement action, it's time for hearings.
For platforms that want to do it right, that care about their customers, that care about customer protection, it is absolutely doable now, without legislation.
From the SEC registered broker perspective--and, of course, we have our affiliate, Robinhood Crypto, that is not registered--it is doable today to provide these customer protections.
The deal is within reach, it just has to be agreed to and we're waiting for the White House to understand the current set of terms we're dealing with.
I do want to revisit the issue of the policy recommendations of more regulations, but I also want to ask why the report, your report, says nothing that I can see about monetary policy mistakes?
The agencies have met to discuss how to make progress on the Section 956 rulemaking.
When Democrats forced through their partisan $2-trillion so-called American Rescue Plan, they lit the fuse on runaway inflation.
I think the reason why both reports conclude that the Fed failed to adequately escalate is because the Fed itself is delaying implementation of the enhanced supervisory standards.
Our country is suffering from an inflation problem, plain and simple. Driven by the economic mismanagement of this Administration, inflation is the underlying cause of the volatility we are experiencing now.
The Federal Reserve was late to the game in responding to inflation, and they admit it.





