Patrick T McHenry

House panel advances anti-money laundering bill with only some GOP support
Backers hope it’ll be enough to move in the Senate

House Financial Services ranking member Patrick T. McHenry of North Carolina was wooed to support an anti-money laundering bill but never signed off. Supporters hope that will not jeopardize its chances in the Senate. (Tom Williams/CQ Roll Call file photo)

After holding an anti-money laundering bill for a month in the hopes of winning over the committee’s top ranking Republican, the House Financial Services Committee advanced it without him on Wednesday, in a move that could ultimately undermine the odds of passing it through the Senate.

The legislation would require corporations and limited liability companies to report who actually owns them to the Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, in the hopes of curbing the use of anonymous shell companies for hiding illicit assets from criminal investigators and tax officials.

Runoff for safe Republican seat in North Carolina divides the conference
GOP women in the House line up against Mark Meadows and the Freedom Fund

North Carolina Rep. Mark Meadows' backing of state Rep. Greg Murphy in the runoff for North Carolina's 3rd District puts him at odds with all of the women Republicans in the House. (Tom Williams/CQ Roll Call file photo)

The runoff in North Carolina’s 3rd District is dividing the House Republican Conference between one powerful man and more than a dozen women.

It’s North Carolina Rep. Mark Meadows and the political arm of the House Freedom Caucus versus the Republican women in the chamber — all 13 of them — plus another male lawmaker from the North Carolina delegation.

When does partisan gerrymandering cross the line?
If you want a glimpse of 2020, look no further than this week’s action at the Supreme Court

Arnold Schwarzenegger speaks in D.C. on Tuesday, calling gerrymandering a “national scandal.” The former California governor led nonpartisan redistricting efforts in his state. (Tasos Katopodis/Getty Images)

OPINION — “I think electing Republicans is better than electing Democrats,” said Rep. David Lewis, a Republican member of the North Carolina general assembly’s redistricting committee. “So, I drew this map to help foster what I think is better for the country.”

He added: “I propose that we draw the maps to give a partisan advantage to 10 Republicans and three Democrats, because I do not believe it’s possible to draw a map with 11 Republicans and two Democrats.”

Democrats hammer CFPB head for being soft on lenders
Democrats grilled Director Kathy Kraninger and GOP lawmakers for supporting recent agency changes

Kathy Kraninger, director of the Consumer Financial Protection Bureau, is seen before testifying at a House Financial Services Committee hearing in the Rayburn Building on March 7. (Tom Williams/CQ Roll Call)

House Democrats sharply criticized on Thursday the head of America’s consumer finance watchdog for decisions Republicans say are entirely under her purview.

In the first Consumer Financial Protection Bureau oversight hearing, Financial Services Democrats repeatedly hammered Director Kathy Kraninger and GOP lawmakers for supporting recent changes at the agency.

House passes cryptocurrency, insider trading bills
Measures were delayed by debate over spending proposals

The House has passed three bills related to cryptocurrency and insider trading. (Dan Kitwood/Getty Images file photo)

After a week of shutdown-related delays, the House has passed three financial services bills that had been expected to receive floor votes early last week, but were delayed as the House debated spending proposals.

Lawmakers agreed by voice vote Monday to pass under suspension of the rules a bill  co-sponsored by Reps. Ted Budd, a North Carolina Republican, and Stephen F. Lynch, a Massachusetts Democrat, that would create an interagency task force led by the Treasury secretary to research how new financial technology, or fintech, is being used in financial crimes and terrorism, and develop regulatory and legislative responses. The bill would also establish a grant fund for programs and ideas for preventing terrorists and other bad actors from using cryptocurrencies for nefarious ends.

Bustos Announces DCCC Senior Staff, With New Female Executive Director
Allison Jaslow will be the committee’s executive director in 2018

Rep. Cheri Bustos, D-Ill., is the new DCCC chairwoman.(Bill Clark/CQ Roll Call file photo)

Rep. Cheri Bustos, the new Democratic Congressional Campaign Committee chairwoman, announced her senior staff hires for the 2020 cycle Thursday. Her campaign manager Allison Jaslow will be the committee’s executive director. 

The DCCC is shifting to defense in 2020 after flipping 40 seats to take over the House. The committee will be tasked with protecting vulnerable new members, including 31 Democrats running for re-election in districts President Donald Trump won in 2016.

At the Races: Newsflash! GOP Women Call Their own Shots
Our weekly newsletter on congressional campaigns

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Welcome to At the Races! You can keep track of House and Senate races with this weekly newsletter. We want to hear what you think. Email us at attheraces@cqrollcall.com with your questions, tips or candidate sightings. — Simone Pathé and Bridget Bowman

McHenry Chief of Staff Moves to NRCC as Executive Director
Parker Hamilton Poling will lead the campaign committee for 2020 cycle

Parker Hamilton Poling will help Republicans try to regain the House majority in 2020. (Bill Clark/CQ Roll Call file photo)

Parker Hamilton Poling will serve as executive director of the National Republican Congressional Committee for the 2020 cycle. 

She most recently served as chief of staff to North Carolina Rep. Patrick McHenry, the chief deputy whip during the 115th Congress. 

Scalise Appoints Rep. Drew Ferguson as House GOP’s Chief Deputy Whip
Georgia Republican freshman replaces Patrick McHenry who is running for a committee leadership post

Rep. Drew Ferguson, R-Ga., will serve as House Republicans’ chief deputy whip next Congress. (Bill Clark/CQ Roll Call file photo)

House Republican Whip Steve Scalise has appointed Georgia GOP Rep. Drew Ferguson to serve as his chief deputy whip for the 116th Congress.

“Drew has proven himself to be a tireless worker, and an invaluable member of my whip team this Congress, helping us secure the votes for major conservative victories like our tax cuts bill,” Scalise said in a Tuesday statement announcing the appointment. 

Summer Reading, Lawmaker-Style
What members of Congress have been reading — and you can, too!

Rep. Gerald E. Connolly, D-Va., holds up his copy of “Harry Potter and the Half-Blood Prince” in his Cannon Building office in July 2011. (Tom Williams/Roll Call file photo)

Looking for a summer read? HOH has been asking lawmakers for months about the last book they read, and their choices have ranged from historical dives to books about their issues or districts.

Here are some of the interesting titles recommended by members of Congress.