As the Chairman of House Financial Services Subcommittee on Oversight and Investigations, Patrick is on the front lines of discussions about government regulations, bailouts, and the availability of credit for small businesses.

He has opposed every bailout since he came to Congress – that includes the bailout for big banks (TARP), the bailout for bankrupt auto manufacturers (Cash for Clunkers) and the bailout for Fannie Mae and Freddie Mac.  Patrick has been tough on those who break and bend the rules, and the government bureaucrats who are stifling innovation and capital formation.

As a rising star on the Financial Services Committee, Patrick has become a sought-after expert on crowdfunding – allowing entrepreneurs to use the internet to raise money from ordinary investors.  He speaks at conferences of startups and entrepreneurs across the country and across the Tenth District.

Patrick has also been a leader on housing issues, passing a bipartisan bill in the House to dismantle the disastrous HAMP program, which was designed to help struggling homeowners, but ended up putting them deeper into trouble.