Bloomberg reports that Republican House Financial Services Chairman Patrick McHenry was thrown a high-dollar fundraiser by Signature Bank at their offices just 10 days before the bank’s collapse. The revelation comes as Chairman McHenry claims his committee will “get to the bottom” of the rash of recent failures of midsize banks which experts say stem from a key Trump-Republican rollback of Dodd-Frank banking safeguards in 2018 that McHenry helped author. McHenry’s credibility crisis continues to worsen after calling the 2018 regulatory rollback a “win for consumers” and an “important first step to undo Dodd Frank.” McHenry declared he was “proud to have played an active role in drafting this bill” as he took substantial sums of money from the financial industry that lobbied to undo Dodd-Frank reforms – including Signature Bank.
"We've had a large undermining of our traditional values in this country. And I think that was a repercussion of the hippies in the '60s and their 'anything goes' attitude," says Patrick McHenry, a North Carolina Republican who, at age 30, is the youngest member of Congress. "Our generation has a realistic approach. We're not sort of pie-in-the-sky people."
Nothing like pulling shit out of your ass for an AP story. And how crazy is it that someone is trying to "go back" to a time that he was not even alive for.
I've posted several times now on Sue Myrick's grandstanding scheme to bullyNorthCarolina, and pending further developments I should just let it go. But events conspire! Three NC State legislators and a high level staffer spoke to one of my classes today, and I got a chance to ask them about the situation.
Deborah Ross and Grier Martin, both Democratic members of the NC House representing parts of Wake County, sat on a panel with Republican Senator Richard Stevens (representing Cary) and Norma Mills, Chief of Staff for NC Senate President Pro Temp. Marc Basnight (D, Dare County). I asked them for their thoughts about the proposed legislation announced by Myrick, Foxx, Taylor, McHenry, and Jones that threatens to strip NC's federal highway dollars if the state doesn't change its driver's license policy. Nobody had good things to say.
Reps. Sue Myrick and Patrick McHenry made a few alarming statements last week during their news conference to promote legislation to fight illegal immigration in North Carolina.
Remember that naked power grab by NC's Republican US House members I warned you about? You know, the one where they circumvent the democratic process because they don't like the decisions we North Carolinians came up with on our own?
Five of North Carolina's seven Republican members of Congress want to cut off federal highway money to their state unless it makes it more difficult for illegal immigrants to get drivers licenses.
Four NC Representatives—Myrick (NC-9), Jones (NC-3), Foxx (NC-5), and McHenry (NC-10), Republicans all—are having a press conference tomorrow to announce new legislation that they should be ashamed of. Myrick's new bill would withhold federal transportation funds from North Carolina if the state doesn't strengthen it's diver's license requirements.
Just to be clear, that's four of North Carolina's representatives to the US House bullying North Carolina in an effort to shape state policy. I'd really love to hear them explain that to a 10th grade Civics class.
Real Values is right to wonder: "Just for clarification purposes, aren't Republicans supposed to believe in federalism? Isn't it supposed to be conservative to trust states and localities to make decisions?" The people who elected Myrick, Jones, Foxx, and McHenry sent them to Washington to stand up for North Carolina values in the national and international spheres. That same electorate chose state senators and representatives, the Council of State, and our Governor to craft and enforce state policy. Now Myrick & Co. want to try their hands at running North Carolina?
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