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Chairman Hill’s Statement on the Passing of Alan Greenspan

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement regarding the death of former Federal Reserve Chairman Alan Greenspan: Chairman Hill said, “Martha and I were sad to read about the passing of our friend Alan Greenspan. I fondly recall all my interactions with the Chairman during my service in the Bush ‘41 Administration. He was funny, a…

National Review: Inflation Is Stealing from Americans, but the Price Stability Act Can Help

| Posted in Member Corner

Inflation Is Stealing form Americans, but the Price Stability Act Can Help Chairman French Hill (AR-02)  June 22, 2026  The rising cost of living facing American families didn’t happen overnight. It’s the result of years of reckless government spending, monetary policy errors, and a growing willingness in Washington to treat inflation as an acceptable trade-off for…

Hill, Waters Applaud Senate Passage of 21st Century ROAD to Housing Act

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) and Ranking Member Maxine Waters (CA-43) issued the following statements after the Senate passed the 21st Century ROAD to Housing Act: “Housing affordability starts with supply, and this bill makes meaningful progress toward building more homes and lowering costs for American families. For the past two congresses Senate…

HEARINGS NOTICE: House Financial Services Committee Schedule for July 2026

| Posted in Press Releases

Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for July 2026: Full Committee Hearing Entitled: “The Federal Reserve’s Semi-Annual Monetary Policy Report” Time: 10:00 AM ET Date: Tuesday, July 14, 2026 Place: 2128 Rayburn House Office Building Full Committee Hearing Entitled: “The Semi-Annual Report of…

Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity Examines the Role of the Federal Reserve System

| Posted in Press Releases

Last week, the House Financial Services Committee's Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Task Force Chairman Frank Lucas (OK-03), held a field hearing examining the structure of the Federal Reserve System and the role its federated framework plays in monetary policy. On the Importance of the Federal Reserve’s Regional…

Hill and Davidson Urge FinCEN to Modernize AML Rules and Prioritize High-Risk Financial Crimes

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on National Security, Illicit Finance, and International Financial Institutions Chairman Warren Davidson (OH-08) recently sent a letter to Andrea Gacki, Director of the Financial Crimes Enforcement Network (FinCEN). In the letter, Hill and Davidson urge FinCEN to finalize its Anti-Money Laundering and…

Lucas: Monetary Policy Transmission is Different in Oklahoma than it is in New York

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity field hearing, led by Task Force Chairman Frank Lucas (OK-03), titled "Examining the Structure of the Federal Reserve System." Read Task Force Chairman Lucas' opening remarks as prepared for delivery: "Good morning. To my colleagues and our…

Housing and Insurance Subcommittee Reviews HUD’s Disaster Recovery Programs

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing to examine the effectiveness of HUD's Community Development Block Grant Disaster Recovery (CDBG-DR) program and explore opportunities to improve federal disaster recovery assistance. On Structural Challenges Within CDBG-DR: Subcommittee Chairman…

Flood: Let’s Examine the Best Path Forward for Disaster Recovery

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chairman Mike Flood (NE-01), titled “Examining Local Needs in Disaster Recovery.” Read Subcommittee Chairman Flood’s opening remarks as prepared for delivery: "I recognize myself for four minutes for an opening statement. "The topic of this hearing is the role that…

Oversight and Investigations Subcommittee Reviews How Chinese Money Laundering Networks Exploit the U.S. Financial System on Behalf of Drug Cartels

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Dan Meuser (PA-09), examined the growing partnership between Chinese money laundering networks (CMLNs) and drug cartels and the threat they pose to the U.S. financial system. On How CMLNs Operate to Avoid Detection and How We Can Counter Them: Subcommittee Chairman Meuser said, “What's…