WASHINGTON, March 30 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release: The House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), held its first bipartisan hearing to examine the recent failures of Silicon Valley Bank and Signature Bank. At the hearing, Republicans demanded answers from the U.S. Treasury Department, Federal Reserve Board, and Federal Deposit Insurance Corporation to ensure a  more

WASHINGTON, March 30 -- Rep. Deborah Ross, D-North Carolina, issued the following news release on March 29, 2023: Congresswoman Deborah Ross (NC-02) released the following statement on the Department of Energy's (DOE) new Offshore Wind Energy Strategy. This comprehensive plan outlines DOE's work to meet the President's clean energy goal to deploy 30 gigawatts (GW) of offshore wind energy by 2030, which could power 10 million homes and support 77,000 jobs across the country. "To reach our ambit  more

WASHINGTON, March 30 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release: The House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), is holding a hearing entitled, "The Federal Regulators' Response to Recent Bank Failures." Committee Republicans are committed to getting the facts surrounding recent bank failures to assess federal regulators' response and deliver transparency for the American pe  more

WASHINGTON, March 30 -- Rep. Carol Miller, R-West Virginia, issued the following news release: Congresswoman Carol Miller (R-WV) introduced the Completing American Pipelines Act, which will ensure pipelines across the country, including the Mountain Valley Pipeline, are finished. Once completed, the Mountain Valley Pipeline would send natural gas from West Virginia, Ohio, and Pennsylvania to North Carolina and South Carolina. Congresswoman Miller announced the bill's introduction on the floor o  more

WASHINGTON, March 30 -- Rep. Wiley Nickel, D-North Carolina, issued the following news release: U.S. Representative Wiley Nickel (NC-13) participated in a House Financial Services Committee hearing on Federal regulators' response to recent bank failures. The hearing included panel testimony from Martin J. Gruenberg, Chairman, Federal Deposit Insurance Corporation; Michael S. Barr, Vice Chairman of Supervision, Board of Governors of the Federal Reserve System; and Nellie Liang, Under Secretary   more

WASHINGTON, March 30 -- Rep. Alma S. Adams, D-North Carolina, issued the following news release on March 29, 2023: Reps. Alma Adams (NC-12), Mark Takano (CA-39), and Sen. Sherrod Brown (D-OH) released a statement after reintroducing the Restoring Overtime Pay Act. "Too often, so-called 'exempt' employees are exempted from fair treatment and a fair wage," said Rep. Adams, ranking member of the Workforce Protections Subcommittee of the House Committee on Education and the Workforce. "The Restori  more

WASHINGTON, March 30 -- Rep. David Rouzer, R-North Carolina, issued the following news release: Congressman David Rouzer (NC-07) delivered a speech on the House Floor in support of H.R. 1, the Lower Energy Costs Act, which includes legislation he introduced to prevent certain states from blocking critical energy infrastructure projects on political grounds. Rouzer emphasized how his component of H.R. 1 ensures America can build the energy infrastructure necessary to responsibly utilize our nat  more

WASHINGTON, March 30 -- Sen. Ted Budd, R-North Carolina, issued the following statement on March 29, 2023: * * * Senator Ted Budd (R-NC) released a statement after voting to repeal the 1991 and 2002 authorizations for the use of military force (AUMF) against Iraq. * * * Senator Budd said in a statement: "Our nation owes a debt of gratitude to the brave men and women of the armed forces who served in Iraq. Repeal of these AUMFs sends a clear signal from Congress that America's wars in the Mi  more