Among the priorities House Financial Services Committee (FSC) Ranking Member Patrick McHenry (R-N.C.) believes the committee should pursue are those concerning financial regulatory innovation, paths to ending the conservatorship of Fannie Mae and Freddie Mac, cybersecurity preparedness and the Financial Accounting Standards Board’s Current Expected Credit Loss (CECL) standard.
McHenry asserted in a letter to FSC Chairwoman Maxine Waters (R-Calif.) that the committee should plan to hold hearings discussing such matters, as well as others.
Find out more details about McHenry’s priorities.