Rep. Patrick McHenry
U.S. House approves debt limit package, sending it to Senate days before default deadline
WASHINGTON — The U.S. House took a broadly bipartisan vote Wednesday night on the debt limit package, sending it to the U.S. Senate where lawmakers are expected to vote quickly to clear the measure. The bill would suspend the nation’s borrowing limit through Jan. 1, 2025 and set caps on discretionary spending for two years. […]
With debt default as soon as a week away, U.S. House jets off for holiday break
WASHINGTON — U.S. House members walked down the steps of the Capitol building Thursday morning to head back to their districts for a Memorial Day recess that began exactly one week before the country could default on the debt. House Democrats took to the floor after the final vote of the week to give a […]
After years of bipartisan spending boosts, U.S. House GOP won’t lift debt ceiling without cuts
WASHINGTON — Republicans and Democrats in Congress together brokered dozens of debt limit agreements, including several during the past decade, marked by a desire in both political parties to increase federal spending. But U.S. House Republicans now are pushing for the federal government to spend less next year than it will this year in order […]
FTX failure divides lawmakers on how tough to get with crypto regulation
NC's Patrick McHenry defends cryptocurrency industry at House Financial Services Committee hearing; Senator-elect Ted Budd is a no-show
NC's Patrick McHenry defends cryptocurrency industry at House Financial Services Committee hearing; Senator-elect Ted Budd is a no-showMembers of a U.S. House committee disagreed at a Tuesday hearing about whether more aggressive federal regulation would have protected customers from the collapse of cryptocurrency firm FTX and the alleged fraud of its founder, Samuel Bankman-Fried.
Remote voting in the U.S. House hits a second anniversary, but it may be its last
Health concerns lead Democrats to be the biggest proxy voting users, but Republicans Cawthorn and McHenry top the NC delegation After two years of a temporary provision to allow remote voting in the U.S. House, the top 36 users of the proxy voting system are all Democrats, though Republicans have also taken advantage of it.
‘We’re not through this’: Governors plead with Congress for emergency assistance
Republican congressman from NC calls hearing from governors a "waste of time" WASHINGTON — Democratic governors on Thursday begged Congress to come to the aid of ailing states, which face unexpected expenses as they attempt to curb the spread of COVID-19 as well as massive revenue shortfalls due to the pandemic. But Republicans at a House hearing rejected their pleas, arguing that states have yet to spend money provided by Congress earlier this year, and prospects appeared to dim for any kind of deal on additional emergency aid before the election.