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Barr: We Must Balance Robust Privacy Protections With Innovation, Access, And Reduced Regulatory Burden

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Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to explore the evolving landscape of consumer data privacy laws across federal and state jurisdictions, and examine consumer financial data privacy law under the Gramm-Leach-Biley Act (GLBA). Read Subcommittee Chair Barr’s opening remarks as…

Financial Institutions Subcommittee Reviews Consumer Data Privacy Laws

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Today, the House Committee on Financial Services Subcommittee on Financial Institutions, led by Subcommittee Chairman Andy Barr (KY-06), held a hearing exploring the evolving landscape of consumer data privacy laws across both federal and state jurisdictions. Members also examined consumer financial data privacy law under the Gramm-Leach-Bliley Act (GLBA). Watch today's hearing online…

Chairman Hill: This Is About Protecting American Consumers, Encouraging Innovation Here At Home, And Ensuring The U.S. Leads In The Future Of Digital Assets

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House Financial Services Committee Chairman French Hill (AR-02) delivered the following statement at today's Full Committee hearing to examine the Committee's digital asset market structure framework, the CLARITY Act. Watch Chairman Hill’s opening remarks here. Read Chairman Hill's opening remarks as prepared for delivery. "Good morning. Today’s hearing will continue our work on…

Chairman Hill Calls for Federal Investigation into Mismanagement at Little Rock Housing Authority

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Today, House Committee on Financial Services Chairman French Hill (AR-02) sent a letter to Acting Inspector General of the U.S. Department of Housing and Urban Development (HUD) Stephen Begg, addressing the continued troubled operations with the Housing Authority of the City of Little Rock, also known as the Metropolitan Housing Alliance (MHA). In the letter, Chairman Hill wrote, “After…

Chairman Hill Unveils Bipartisan Digital Asset Market Structure Legislation

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House Committee on Financial Services Chairman French Hill (R-AR) today introduced the Digital Asset Market Clarity (CLARITY) Act, which would establish a regulatory framework for digital assets in the United States. House Committee on Agriculture Chairman G.T. Thompson (R-PA), House Majority Whip Tom Emmer (R-MN), House Committee on Financial Services Subcommittee on Digital Assets,…

Chairman Hill Statement on House Passage of One Big, Beautiful Bill

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House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after the House of Representatives passed President Trump's One Big, Beautiful Bill Act: “Today House Republicans delivered on our mandate to pass a bill that strengthens the tax code, secures our border, and maintains America’s energy dominance. For too long, government spending has been a…

HEARINGS NOTICE: House Financial Services Committee Schedule for June 2025

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for June 2025: Full Committee Hearing Entitled: “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework” Time: 10:00 AM ET Date: Wednesday, June 4, 2025 Place: 2128 Rayburn House Office…

Chairman Hill at Rules Committee Hearing: “I’m pleased to report that the Financial Services Committee exceeded our Reconciliation target”

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House Committee on Financial Services Chairman French Hill (AR-02) delivered remarks on the Committee’s provisions included as part of President Trump’s One Big, Beautiful Bill. The Committee’s portion of reconciliation would reduce the deficit by $5.2 billion. Remarks as Prepared for Delivery “Good morning, a few weeks ago, the House Financial Services Committee completed the work…

WTAS: Financial Services Highlights Support for Committee’s Reconciliation Provisions

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Ahead of House consideration of President Trump’s One Big, Beautiful Bill, the House Committee on Financial Services is sharing statements of support from stakeholders on the Committee’s Title of the reconciliation bill. Here’s what they are saying: American Bankers Association President and CEO, Rob Nichols said, “We appreciate the hard work of Chairman Hill and the House Financial…

Financial Services Committee Advances 25 Bills to Strengthen Community Banking, Scale Back Overregulation, and Expand Access to Capital

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The House Committee on Financial Services, led by Chairman French Hill (AR-02), held a full committee markup. The Committee successfully reported 25 bills to the full U.S. House of Representatives for consideration. “During our past five months of the 119th Congress, this Committee has been hard at work examining solutions to improve the quality and condition of financial regulation to…

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