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WHAT THEY ARE SAYING: Financial Services Highlights Support for CLARITY Act

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Yesterday, the House of Representatives passed Chairman French Hill’s (AR-02), H.R. 3633, the CLARITY Act, by bipartisan vote of 294-134. Support for the measure has rolled in both ahead of the vote and after. Here's what experts and supporters of the Committee’s efforts are saying:  American Consumer & Investor Institute said: “For too long, the lack of a clear regulatory…

National Security Subcommittee Highlights Importance of CFIUS

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The Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Subcommittee Chair Warren Davidson (OH-08), held a hearing to highlight how the Committee on Foreign Investment in the United States (CFIUS) balances national security safeguards while maintaining an open investment environment.  On the importance of CFIUS: "CFIUS plays a vital…

Housing Subcommittee Explores Modern Solutions to the Housing Shortage

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The Subcommittee on Housing and Insurance, led by Subcommittee Chair Mike Flood (NE-01), held a hearing exploring bipartisan solutions to the housing shortage, such as modernizing the HOME Investment Partnership (HOME) Program which has not been reauthorized since 1992.    On the need to modernize the HOME Program: “The HOME program provides block grant funding to states and…

Chairman Hill Commends Passage of Landmark Digital Asset Bills

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Today, the U.S. House of Representatives passed the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act. House Committee on Financial Services Chairman French Hill (AR-02) issued the following statements:  On the CLARITY Act, which passed 294 to 134: “Today, the House passed landmark legislation that establishes clear rules of the road by creating a functional regulatory…

Chairman Hill Applauds As President Trump Signs GENIUS Act Into Law

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House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Trump signed the GENIUS Act into law: “The moment we’ve all worked mightily toward is here,” said Chairman Hill. “President Trump’s signature on the GENIUS Act marks the turning point in years of collaboration between Congress, the Executive Branch, and…

Davidson: CFIUS Must Operate Efficiently To Neutralize Threats Without Burdening American Businesses

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Today, the House Financial Services Committee is holding a National Security Subcommittee hearing, led by Subcommittee Chair Warren Davidson (OH-08), to highlight how the Committee on Foreign Investment in the U.S. balances national security safeguards while maintaining an open investment environment. Read Subcommittee Chair Davidson’s opening remarks as prepared for delivery: “I…

Flood: The HOME Program Is Ripe For A Fresh Look From This Committee

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Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chair Mike Flood (NE-01), to explore bipartisan proposals to modernize the HOME Investment Partnerships Program. Read Subcommittee Chair Flood’s opening remarks as prepared for delivery: "I’d like to thank our witnesses for being with us today, and I very much look…

Chairman Hill: For 15 Years, We’ve Lived Under The Shadow Of Dodd-Frank

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a full Committee hearing to examine Dodd-Frank 15 years after it was signed into law. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "Good morning. Today’s hearing is focused on reviewing Dodd-Frank’s real-world impact and…

Financial Services Committee Examines Impacts of Dodd-Frank 15 Years After Becoming Law

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02) held a hearing to evaluate the real-world impact and unintended consequences of the Dodd-Frank Act, which was enacted into law 15 years ago in the wake of the financial crisis. Members examined the expansive regulatory bureaucracy created by the law. On the unintended consequences of…

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