Patrick McHenry

Congressman Patrick McHenry is serving his tenth term as the representative for North
Carolina’s 10th Congressional District which comprises all or parts of nine counties in
North Carolina, from the suburbs of Charlotte on Lake Norman to Pisgah National
Forest in Burke County.

In the 118th Congress, Congressman McHenry was elected as the Chairman of the
House Financial Services Committee, a committee he has served on since he was
elected to Congress. As Chairman, he will continue advocating for innovative solutions
that increase access to banking services and credit for American families and small
businesses.

Prior to serving as the Chairman, Congressman McHenry was elected as the
Republican Leader at the beginning of the 116th Congress. He also served as Vice
Chairman of the House Financial Services Committee, a position he was appointed to at
the beginning of the 114th Congress by then Chairman Jeb Hensarling (TX-05).

In 2015, Congressman McHenry was selected by then House Majority Whip Steve
Scalise (LA-01) to be the Chief Deputy Whip. As Chief Deputy Whip, Congressman
McHenry directly assisted Majority Whip Scalise by building consensus for the
conservative policy agenda of the House Republican Conference. One of his proudest
accomplishments as Chief Deputy Whip was the passage of the Tax Cuts and Jobs Act,
which helped to fix our nation’s broken tax code and provided much-needed tax relief to
American families and businesses.

During the 113th Congress, Congressman McHenry served as Chairman of the House
Financial Services Committee’s Oversight and Investigations Subcommittee. In this role,
he provided oversight of the Federal Reserve, the Treasury Department, the Securities
and Exchange Commission, and other federal financial regulators. Congressman
McHenry was previously a member of the House Committee on Oversight and
Government Reform.

In addition to his leadership roles on the Financial Services Committee, Congressman
McHenry has successfully passed important legislation into law that helps
entrepreneurs and startup investing. In the 114th Congress, Congressman McHenry
authored the “RAISE Act” (Reforming Access for Investments in Startup Enterprises),
which was signed into law by President Obama, providing the means for startup
employees to sell their stock options to private investors.

Additionally, Congressman McHenry authored the primary legislation to legalize equity-
based crowdfunding in the United States. The crowdfunding language he first authored
in 2011 was eventually included in the JOBS Act which President Obama signed into
law in April 2012. In recognition of his work supporting crowdfunding, Congressman
McHenry was presented with the 2013 “Crowdfunding Visionary Award” by the Global
Crowdfunding Convention. Congressman McHenry was also awarded the Crowdfunding
Leadership Award by the University of California at Berkeley Fung Institute’s Program
for Innovation in Entrepreneurial Finance in 2013.

Congressman McHenry’s interest in crowdfunding and capital formation more broadly
developed as a child, when his father attempted to grow a small business but struggled
for financing. It was this experience—and the lack of small business financing in rural
western North Carolina—that drove Congressman McHenry to become a leader on
crowdfunding, capital formation, and other forms of disruptive finance. Recently this has
expanded to encompass fintech as he works with industry leaders to discover
innovative ways to combine finance and technology with the goal of expanding access
to capital for America’s entrepreneurs and small businesses.

Throughout his career, Congressman McHenry has been a vocal and effective advocate
for the men and women who wear the uniform of our country. He received awards from
the North Carolina Chapters of the American Legion and Marine Corps League for his
extensive work in bringing a veterans’ health care clinic to his district after nearly two
decades of delay. The National Guard presented Patrick McHenry with the Charles Dick
Medal of Merit for his exceptional service to the North Carolina National Guard.
Congressman McHenry has been recognized as a leader of the conservative movement
in America. Having never voted for a tax increase in his career, Congressman McHenry
is continually recognized as a “Hero of the Taxpayer” by Americans for Tax Reform.

Congressman McHenry is the recipient of several additional awards including: the
National Association of Manufacturing’s “Manufacturing Legislative Excellence” Award,
the Small Business and Entrepreneurship Council’s “Small Business Champion” Award,
the U.S. Chamber of Commerce’s “Spirit of Enterprise” Award, the 60 Plus Association’s
“Guardian of Seniors’ Rights” Award, the Family Research Council’s “True Blue” Award,
and Citizens Against Government Waste’s “Taxpayer Hero” Award. In 2009 he was
recognized by Time Magazine as one of the “40 Under 40,” a list of rising stars in
American politics.

Most importantly, Congressman McHenry continues to listen to the voters of the 10th
District and act as their voice in Washington. His main focus is to provide the highest
level of constituent services at home in western North Carolina.

Prior to being elected to Congress in 2004 at the age of 29, Congressman McHenry
represented the 109th District in the North Carolina House of Representatives. He also
served as Special Assistant to the Secretary of the U.S. Department of Labor, a post he
was appointed to by President George W. Bush.

Congressman McHenry is a graduate of Ashbrook High School in Gastonia, N.C. and
Belmont Abbey College, where he earned a Bachelor of Arts in History. Congressman
McHenry and his wife Giulia live in Denver, N.C. and worship at Holy Spirit
Church. They are the parents of two daughters, Cecelia Rose and Therese Anne (who
goes by Rese), and one son, Peregrine Callan (who goes by Perry).