Press Releases

WASHINGTON—Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) opened today’s hearing titled “Why Expanding Medicaid to DACA Recipients Will Exacerbate the Border Crisis” by examining how the Biden Administration is seeking to rewrite laws to extend taxpayer-funded healthcare benefits to DACA recipients. ...

WASHINGTON—Subcommittee on Health Care and Financial Services today held a hearing titled “Why Expanding Medicaid to DACA Recipients Will Exacerbate the Border Crisis” to examine how the Biden Administration’s Centers for Medicare and Medicaid. Services’ (CMS) proposed rule to expand taxpayer funded federal health benefits to illegal ...

WASHINGTON—Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) today announced a hearing titled “Why Expanding Medicaid to DACA Recipients Will Exacerbate the Border Crisis.” The hearing will examine the Centers for Medicare and Medicaid Services’ (CMS) proposed rule to expand taxpayer-funded federal health benefits to illegal immigrants benefiting from the Deferred Action for Childhood Arrivals (DACA) program created unilaterally by the Obama ...

WASHNGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) and Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) are seeking additional information from Jerome Powell, Chairman of the Federal Reserve Board (Fed Board), on the collapse of Silicon Valley Bank (SVB). In a letter sent today, the lawmakers highlight that the San Francisco Federal Reserve Bank (SF Fed) has failed to produce documents that satisfy the Committee’s ...

WASHINGTON—Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) today is calling on the U.S. Food and Drug Administration (FDA) to make officials who have information relevant to the 2022 infant formula shortage available for transcribed interviews. “The more the Oversight Committee uncovers in our investigation into internal failures at the FDA which led our nation into an infant formula crisis, the more questions we have for the FDA. ...

WASHINGTON—Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs and Subcommittee on Health Care and Financial Services held a joint hearing titled “ESG Part II: The Cascading Impacts of ESG Compliance” to examine how environmental, social, and governance (ESG) initiatives impact businesses, ...

WASHINGTON—Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs Chairman Pat Fallon (R-Texas) and Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) delivered opening remarks at today’s joint hearing titled “ESG Part II: The Cascading Impacts of ESG ...

WASHINGTON—Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs Chairman Pat Fallon (R-Texas) and Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) today announced a joint hearing titled “ESG Part II: The Cascading Impacts of ESG Compliance” to examine how environmental, social, and governance (ESG) initiatives impact businesses, ...

WASHINGTON—Today, the House Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) held a hearing titled “A Failure of Supervision: Bank Failures and the San Francisco Federal Reserve.” At the hearing, members asked questions about the San Francisco Federal Reserve’s failed supervision and misplaced priorities that enabled the ...

WASHINGTON—Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) today opened a hearing titled “A Failure of Supervision: Bank Failures and the San Francisco Federal Reserve” by emphasizing that the San Francisco Federal Reserve failed to provide regulatory supervision and ignored obvious warning signs of a bank run at the ...