Today, the House Financial Services Committee is holding a Capital Markets Subcommittee hearing, led by Subcommittee Chair Ann Wagner (MO-02), to examine the implementation and effects of Sarbanes-Oxley, particularly focusing on how certain provisions affect public companies and capital markets activity.
Read Subcommittee Chair Wagner’s opening remarks as prepared for delivery:
"Good… Read more »
Today, the Subcommittee on Capital Markets, led by Subcommittee Chair Ann Wagner (MO-02), held a hearing examining the implementation and effects of the Sarbanes-Oxley Act of 2002 (SOX). Members focused particularly on how certain provisions affect public companies and capital markets activity.
On the cost of SOX compliance:
“Implementation of [Sarbanes-Oxley], particularly under… Read more »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding the Federal Reserve’s Semi-Annual Monetary Policy Report hearing.
Watch Chairman Hill’s opening remarks here.
Read Chairman Hill’s opening remarks as prepared for delivery:
"Good morning. I want to thank Chairman Powell for joining us today.
"We appreciate your time and look forward to… Read more »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), hosted Federal Reserve Chairman Jerome Powell to give an update on the Federal Reserve’s monetary policy outlook.
On the strength of the economy:
“Four months into the Trump Administration, American workers and taxpayers are already benefitting from a strong, resilient economy. The Fed has noted that… Read more »
Today, the House of Representatives overwhelmingly passed six bipartisan bills from the House Financial Services Committee. Cumulatively, these bills support small businesses, expand access to capital, protect homebuyers, and more.
H.R. 3394 – Fair Investment Opportunities for Professional Experts Act, sponsored by Chairman French Hill (AR-02), passed the House by a bipartisan vote… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Trump signed S.J. Res. 13 into law yesterday.
“I applaud President Trump signing S.J. Res. 13 into law and reversing a Biden-era OCC rule that imposed burdensome standards on bank mergers. Small banks depend on mergers to grow, innovate, and better serve their communities.… Read more »
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 »
