House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement following Senate passage of the GENIUS Act:
"Clear rules of the road for stablecoins are long overdue, and today we’re one step closer to creating a functional regulatory framework. I applaud the Senate’s passage of the GENIUS Act and the work of Chairman Scott, Senator Hagerty, and Senator… Read more »
Earlier this week, the House Financial Services Committee, led by Chairman French Hill (AR-02), passed the CLARITY Act by a bipartisan vote of 32-19. The same day, the House Agriculture Committee, chaired by GT Thompson (PA-15), passed the CLARITY Act by a vote of 47-6.
Here's what experts and supporters of the Committee’s efforts are saying:
Summer Mersinger, CEO, Blockchain… Read more »
The Securities and Exchange Commission (SEC) announced the withdrawal of 14 proposed rulemakings issued between 2020 and 2023, signaling that it does not intend to finalize these rules. In April, the Committee sent a letter to the SEC requesting the recission, modification, or re-proposal of multiple proposals.
"I commend the SEC's decision to withdraw several misguided Gensler-era… Read more »
Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chair Mike Flood (NE-01), to examine how rural communities can better leverage private-sector investment and community-led solutions to meet their unique housing needs.
Read Subcommittee Chair Flood’s opening remarks as prepared for delivery:
"I’d like to thank our… Read more »
Today, the House Financial Services Committee is holding a National Security Subcommittee hearing, led by Subcommittee Chair Warren Davidson (OH-08), to explore critical aspects related to the Defense Production Act (DPA) ahead of its expiration in September 2025.
Read Subcommittee Chair Davidson’s opening remarks as prepared for delivery:
"I want to welcome our witnesses to today’s… Read more »
Today, the Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing addressing the Committee’s ongoing efforts to address the nation’s housing supply challenges, particularly in rural America.
On the unique challenges of rural housing needs:
"The problems in the rural parts of our country are a little different than those we see in… Read more »
Today, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Subcommittee Chairman Warren Davidson (OH-08), held a hearing evaluating the Defense Production Act (DPA) ahead of its reauthorization.
On the need for a strong DPA:
“America is navigating one of the most dangerous and complex global threat environments in recent… Read more »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), advanced H.R. 3633, the CLARITY Act, to the full House of Representatives. The bill passed by a bipartisan vote of 32 to 19. Additionally, the House Agriculture Committee marked up the same bill and passed it by a vote of 47-6.
“Blockchain technology and digital assets are reshaping the future of… Read more »
Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a full committee markup. The Committee successfully reported 8 bills to support small businesses, provide more oversight to HUD, protect the privacy of homebuyers, and establish a regulatory framework for digital assets in the United States, to the full U.S. House of Representatives for… Read more »
By Chairman French Hill, Chairman G.T. Thompson, and Majority Whip Tom Emmer
The United States is on the brink of a new technological frontier – one powered by blockchain and digital assets. These assets are not just the next phase of the internet, but lay the foundation for a more secure, decentralized, and inclusive financial future. From reimagining global payments to protecting… Read more »
