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House Financial Services Committee Chair McHenry Demands FSOC Reverse Course on Nonbank Financial Institution Supervisory Guidance
June 15, 2023
WASHINGTON, June 15 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release and letter:

The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), sent a letter to U.S. Treasury Secretary Janet Yellen in her capacity as Chair of the Financial Stability Oversight Council (FSOC). In the letter, Chairman McHenry demands FSOC revisit its April decision to evaluate risks posed by non-bank fi . . .

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