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Full Committee Reviews Record of Administration and Republicans Supporting Economic Growth

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Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), examined how the Trump Administration’s economic and regulatory policies are shaping the economy and highlighted Committee Republicans’ efforts to provide the certainty businesses and financial institutions need to invest, innovate, and support long-term economic growth. On Economic Growth and…

Chairman Hill: Our Economy is Strongest When Government Creates the Conditions for Growth

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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 the economic impact of the Trump Administration’s pro-growth policies and regulatory reforms and their role in advancing affordability, investment, innovation, and access to capital. Read Chairman Hill's remarks as prepared for delivery: "This Committee's…

House Financial Services Committee Unveils CFPB Reform Package

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Today, House Committee on Financial Services Chairman French Hill (AR-02), Financial Institutions Subcommittee Chairman Andy Barr (KY-06), and nearly all Committee Republicans unveiled the Consumer Financial Protection Accountability and Reform Act of 2026. The Consumer Financial Protection Accountability and Reform Act of 2026 will restore accountability to the Consumer Financial…

WTAS: Financial Services Highlights Support for Committee’s Bipartisan Main Street Capital Access Act

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There is strong and widespread support for the Committee’s bipartisan Main Street Capital Access Act, which passed the House on Tuesday by a bipartisan vote of 270-155-1. To date, over 100 organizations have expressed support for the bill. For a one-pager on the bill, click here. For a section-by-section on the bill, click here. For more information, click here. Here is…

House Financial Services Committee Requests Feedback on CFPB Reform Discussion Draft

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Following the recent Full Committee hearing focused on the future of the Consumer Financial Protection Bureau (CFPB), the House Committee on Financial Services is requesting feedback from the public on a discussion draft of legislation to reform the structure and powers of the CFPB. Interested members of the public may send their comments and answers to the questions below by August 21,…

Chairman Hill, Oversight Chairman Meuser Issue Staff Report on Financial Fraud and Scams

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Today, House Committee on Financial Services Chairman French Hill (AR-02) and Oversight & Investigations Subcommittee Chairman Dan Meuser (PA-09) released a staff report titled “Fighting Back: A Policy Framework for Combating the Rise of Financial Fraud & Scams.” Over the past year, Committee Republicans have conducted an extensive investigation into the growing threat of…

National Security, Illicit Finance, and International Financial Institutions Subcommittee Reviews Financial Crimes Enforcement Network Operations and Anti-Money Laundering Reforms

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Yesterday, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Warren Davidson (OH-08), held a hearing to examine efforts to strengthen the national anti-money laundering framework, improve FinCEN’s effectiveness, and combat illicit finance while reducing unnecessary regulatory burdens. On FinCEN’s…

Chairman Hill and Subcommittee Chairman Barr Encourage Federal Reserve to Continue Streamlining Bank Merger Reviews

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House Committee on Financial Services Chairman French Hill (AR-02), Subcommittee on Financial Institutions Chairman Andy Barr (KY-06), and all Subcommittee members sent a letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, encouraging the Federal Reserve to continue improving the timeliness and efficiency of its review of bank merger and acquisition (M&A)…

Davidson: FinCEN’s Burdensome Reporting Regime Produces More Noise Than Results

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Today, the House Financial Services Committee’s Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Subcommittee Chairman Warren Davidson (OH-08), is holding a hearing to examine FinCEN’s operations and efforts to reform costly, burdensome, and ineffective anti-money laundering and beneficial ownership reporting requirements. Read…