Yesterday, the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Chairman Frank Lucas (OK-03), held a hearing entitled, “Revisiting the Treasury-Fed Accord.” Members reviewed the purpose of the Treasury-Federal Reserve Accord of 1951 (Accord) and how this Accord became the standard approach in conducting modern central banking. Members also… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) issued the following statement regarding the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency’s Basel III proposal:
“The Committee applauds the Federal banking agencies’ joint effort to incorporate… Read more »
Today, the House Financial Services Committee is holding a Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity hearing, led by Task Force Chairman Frank Lucas Davidson (OK-03), to review the purpose of the Treasury-Fed Accord of 1951 and how it became the standard approach in conducting modern central banking.
Read Task Force Chairman Lucas' opening… Read more »
Today, the House Financial Services Committee is holding a National Security, Illicit Finance, and International Financial Institutions Subcommittee hearing, led by Subcommittee Chairman Warren Davidson (OH-08), to conduct oversight over the Export-Import Bank of the United States in preparation for its reauthorization in December 2026.
Read Subcommittee Chairman Davidson's opening… Read more »
Yesterday, the House Financial Services Committee, led by Chairman French Hill (AR-02), explored potential changes to modernize Title V of the Gramm-Leach-Bliley Act (GLBA) to ensure consistent and effective financial data privacy protections for all Americans.
On Consumer Privacy Laws:
Chairman Hill said, “Most state consumer privacy laws exempt either GLBA compliant institutions or… Read more »
Today, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Warren Davidson (OH-08), hosted the Export-Import (EXIM) Bank of the United States President and Chairman John Jovanovic for a hearing entitled, “Oversight of the Export-Import Bank.”
On Strengthening U.S. Competitiveness:
Subcommittee Chairman… Read more »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing to provide an overview of financial data privacy policy and examine the current patchwork of legal frameworks at the Federal and state levels.
Read Chairman Hill's remarks as prepared for delivery:
"Good morning. Today’s hearing will examine the current state of consumer financial… Read more »
Last Friday, the Subcommittee on Oversight and Investigations, chaired by Rep. Dan Meuser (PA-09), held a field hearing titled “Broken Promises: Failures of the Little Rock Housing Authority and the Impact on Residents.”
On Mismanagement of Little Rock’s Public Housing Authority:
Full Committee Chairman French Hill (AR-02) said, "I’ve unfortunately witnessed mismanagement and… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) and Housing and Insurance Subcommittee Chairman Mike Flood (NE-01), issued the following statement on President Trump’s Executive Order removing regulatory barriers to affordable home construction:
“We commend President Trump acting to address the underlying issues that are driving up the cost to build new homes. Many of… Read more »
Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee field hearing, led by Subcommittee Chairman Dan Meuser (PA-09), titled: "Broken Promises: Failures of the Little Rock Housing Authority and the Impact on Residents."
Read Subcommittee Chairman Meuser's opening remarks as prepared for delivery:
"Thank you, Chairman Hill, for… Read more »
