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June 8, 2023- U.S. House Financial Services Committee Chairman Patrick McHenry (NC-10), along with National Security, Illicit Finance, and International Financial Institutions.
<p><span>Good morning. Thank you. Chairman and welcome to everyone joining us in person and virtually. Today we will consider a final rule on Governance Requirements for Derivatives Clearing Organizations (DCO), two proposed rules on Derivatives Clearing Organizations Recovery and Orderly Wind-down Plans and Amendments to Part 17 Large Trader Reporting Requirements and a proposed order/request for comments on European Union Non-Bank Swap Dealer Capital Comparability Determination. I will share my remarks on the respective proposals in greater detail following staff presentations.</span></p>