House Financial Services Committee Chairman French Hill (AR-02) today released the following statement after Treasury Secretary Scott Bessent was named Acting Director of the Consumer Financial Protection Bureau (CFPB). “I applaud the selection of Treasury Secretary Scott Bessent as Acting Director of the CFPB. Former Director Chopra’s repeated regulatory overreach wreaked havoc on our financial system to the detriment of the consumers his agency was created to protect. His removal is a critical...
House Financial Services Committee Chairman French Hill (AR-02) today released the following statement after Scott Bessent was confirmed to be the next Secretary of the Treasury. “I congratulate Scott Bessent on his confirmation to be our next Treasury Secretary,” said Chairman Hill. “Bessent’s wealth of experience in the private sector has prepared him with deep knowledge of U.S. markets and global finance. I look forward to working with him to reinvigorate our financial system, foster innovati...
House Financial Services Committee Chairman French Hill (AR-02) and Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Chairman Bryan Steil (WI-01) released the following statement after President Trump signed multiple Executive Orders relating to digital assets. “We applaud President Trump for taking important steps to ensure America remains a leader in digital financial technology on the international stage. The President's Working Group on Digital Asset Markets wil...
Today, House Financial Services Committee Chairman French Hill (AR-02) announced the following hearings for February 2025: Full Committee Hearing Entitled: “Make Community Banking Great Again” Time: 10:00 AM ET Date: Wednesday, February 5, 2025 Place: 2128 Rayburn House Office Building Oversight and Investigations Subcommittee Hearing Entitled: “Operation Choke Point 2.0: The Biden Administration’s Efforts to Put Crypto in the Crosshairs” Time: 2:00 PM ET Date: Thursday, February 6, 2025 Place: ...
