WASHINGTON, Jan. 28 -- Rep. Ted Budd, R-North Carolina, issued the following news release on Jan. 27, 2022: Rep. Ted Budd (R-NC) has proposed an amendment to the America COMPETES Act that would eliminate a provision that gives the Treasury Department unilateral power to prohibit any financial transactions it considers a "concern" without a formal rulemaking process or limitations. Rep. Budd said in a statement: "The Treasury Department should not have unilateral authority to make sweeping eco more PR

WASHINGTON, Jan. 28 -- Rep. Patrick McHenry, R-North Carolina, ranking Republican member of the House Financial Services Committee, issued the following news release: The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), along with Rep. Tim Ryan (OH-13), and original co-sponsors of the bipartisan Keep Innovation in America Act, sent a letter to Treasury Secretary Janet Yellen ahead of the expected preliminary guidance on the new digital asset reporting requireme more PR

WASHINGTON, Jan. 28 -- Rep. Patrick T. McHenry, R-North Carolina, issued the following statement on Jan. 27, 2022: * * * Yesterday, Congressman Patrick McHenry (NC-10), the top Republican on the House Financial Services Committee, issued the following statement regarding the partisan so-called China competitiveness bill released yesterday by House Democrats. "This Democrat bill does nothing to combat the rise of the Chinese Communist Party," said Congressman McHenry. "Speaker Pelosi has once  more PR

WASHINGTON, Jan. 28 -- Rep. Gregory Murphy, R-North Carolina, issued the following news release on Jan. 27, 2022: Rep. Greg Murphy, M.D. (NC-03), a member of the Ways and Means Committee, signed a bipartisan letter with 190 colleagues urging the Treasury Department to reduce IRS backlog and bring relief to taxpayers. "While the COVID-19 pandemic has strained every federal agency, the impact on the IRS has been particularly severe," wrote the group of lawmakers to Treasury Department Secretary  more PR

GREENVILLE, North Carolina, Jan. 28 -- Rep. Gregory Murphy, R-North Carolina, issued the following commentary to the Greenville Daily Reflector on Jan. 27, 2022: * * * Rep. Greg Murphy, M.D. (NC-03), published an op-ed in The Daily Reflector highlighting the importance of school choice as a beacon of opportunity for students and parents in North Carolina. "North Carolina parents and students deserve options when it comes to education. School choice is a powerful, yet simple process that give more PR

WASHINGTON, Jan. 28 -- Rep. Deborah Ross, D-North Carolina, issued the following news release: On Tuesday, House Democrats unveiled the text of the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology and Economic Strength Act of 2022 (America COMPETES Act), which includes several pieces of Congresswoman Deborah Ross' (NC-02) legislation that will support institutions and the innovation happening in the Research Triangle. This bill would make historic investments to adva more PR

WASHINGTON, Jan. 28 -- Rep. Patrick McHenry, R-North Carolina, ranking Republican member of the House Financial Services Committee, issued the following news release: The top Republican on the House Financial Services Committee, Patrick McHenry (NC-10), and the top Republican on the Subcommittee on National Security, International Development, and Monetary Policy, Andy Barr (KY-06), sent a letter to Financial Services Committee Chairwoman Maxine Waters (CA-43) regarding Russia's recent aggressi more PR

WASHINGTON, Jan. 28 -- Sen. Thom Tillis, R-North Carolina, issued the following statement on Jan. 27, 2022: * * * U.S. Senator Thom Tillis (R-NC), a member of the Senate Judiciary Committee, released the following statement on the announcement by Supreme Court Justice Stephen Breyer that he would retire at the end of the Supreme Court's current term. "I want to thank Justice Breyer for his decades of service to our country and his respect for the Court as an institution and his fellow Supreme more PR