The Latest Breaking News from Patrick McHenry

House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming days on a bipartisan deal to avert a catastrophic U.S. debt default.

Housing advocates are raising the alarm about House Republicans’ plan to dramatically cut the federal deficit to raise the debt ceiling

The government could run out of money to pay its bills as soon as June 1. President Biden said talks were "productive" though Speaker Kevin McCarthy said "I didn't see any new movement."

The implosion of Terra Luna and its stablecoin UST caused massive financial losses for lending protocols and led to increased regulatory scrutiny and political opposition, but there are advocates in Congress pushing for digital assets and consumer choice, and recent stabilization in the crypto industry suggests a new uptrend for…

A bipartisan hearing devolved into uncertainty over regulation for the volatile sector.

Financial institutions have been locked out of the cannabis industry because of a surveillance regime that appears to have done little to stop real criminals.

The chair of the House Financial Services Committee and the chair of the SEC still do not agree on Ether—or how that lack of agreement affects markets.

Late in 2018, two Trump-appointed banking regulators, Federal Reserve Vice Chair Randal Quarles and FDIC Chair Jelena McWilliams, went on a nationwide tour to meet with regional bank examiners.

The Federal Reserve’s top bank regulator on Wednesday said that supervisors could have done more to keep tabs on Silicon Valley Bank before it collapsed earlier this month.

Treasury Secretary Janet Yellen worked against the clock with other regulators, lawmakers and business leaders to come up with a plan that would prevent a full blown banking crisis

WASHINGTON — Ten days before Signature Bank collapsed, the House Republican overseeing an inquiry into the bank’s failure was inside its boardroom on New York’s Fifth Avenue.