Tag: Rep. Patrick McHenry

White House Remains Positive About Debt Ceiling Deal Despite Snags in Negotiations

May 23, 2023
PoliticsRep. Patrick McHenryUSUS Debt limitUS President Joe Biden
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The White House remains optimistic about achieving an agreement on raising the nation’s debt ceiling and preventing a default on the national debt. “[President Joe] Biden and [House Speaker Kevin] McCarthy [(D-Calif.)] had a productive meeting on Monday. Just moments ago, the White House negotiators ended their meeting; they met for hours. And so they’re…

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Bankman-Fried’s FTX Bankruptcy Looms Large on 2023 Congressional Agenda

November 15, 2022
BusinessCrypto Exchange FTXFTXRep. Patrick McHenrySen. Sherrod BrownUS
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Members of Congress from both sides of the aisle are calling for congressional action in the wake of the Chapter 11 bankruptcy filing by FTX Trading Ltd., the world’s second-largest cryptocurrency exchange, which was founded by Democrat mega-money man Sam Bankman-Fried. The cryptocurrency market consists of hundreds of billions of digital financial assets and is…

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House GOP Financial Services Members Call on Yellen to Testify About Billions in Undistributed Rental Assistance

September 10, 2021
Emergency Rental AssistanceHouse Financial Services CommitteePoliticsRep. Patrick McHenryRepublicansUSUS News
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Republicans on the House Financial Services Committee want Secretary of the Treasury Janet Yellen to testify before the panel to explain why billions in federal aid have failed to reach the majority of tenants and have created billions in backlog owed to landlords. “Many of us also believe that Secretary Yellen has failed to take…

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