COLUMBIA, SC (December 5, 2023) — Today, Congressman Patrick McHenry (R-NC10) announced that he will not seek re-election and will retire from the U.S. House of Representatives at the end of his term. McHenry served in the North Carolina House of Representatives from 2003-04 and first got elected to the U.S. Congress in 2004 at the age of 29.
McHenry’s tenure in Congress included serving as chair of the Committee on Financial Services and serving on the Committee on Oversight and Government Reform. He served as the chief deputy whip and vice chair of finance for the National Republican Congressional Committee. This fall, McHenry received national attention when he was appointed to serve as the speaker pro tempore after a motion was made to remove Kevin McCarthy from his speakership duties.
“From the day Congressman McHenry took office, he has been actively engaged in financial services issues and always open to hearing from his local credit unions, particularly in his capacity as chairman of the House Financial Services Committee,” said Dan Schline, president and CEO of the Carolinas Credit Union League. “We extend our appreciation and gratitude to Chairman McHenry for his many years of service and leadership. His leadership will be greatly missed.”
McHenry introduced legislation in October 2017 to bolster cybersecurity laws that will better protect consumer data following the Equifax breach. He also has stood as a leader of regulatory change, always mindful to avoid overregulation and its potential for negatively impacting community banks and credit unions, and calling for the advancement of the financial system through technology.
The Carolinas Credit Union League is the not-for-profit association of credit unions throughout North and South Carolina. Established in 2014 with a commitment to the cooperative spirit, the Carolinas Credit Union League is credit unions’ primary advocate and much more, promoting their success through risk and compliance resources, professional development, product and service enhancements, and back-office support.
Brandon Pugh
VP, Public Relations & Communications
Carolinas Credit Union League
800.822.8859, ext. 410
bpugh@carolinasleague.org
Courtney Jackson
Director, Integrated Communications
cjackson@carolinasleague.org
800-822-8859, ext 076
