Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a legislative markup for various bills, including the STABLE Act. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "Good morning. Since we kicked off the 119th Congress, our members have been hard at work, crafting legislative solutions to difficult problems. "Today, we will consider several bills to promote financial innovation and expand acces...
Yesterday, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Warren Davidson (OH-08), held a hearing entitled, "Following the Money: Tools and Techniques to Combat Fraud." The hearing explored the growing threat of financial fraud in the U.S., analyzed tools and practices used to "follow the money" when it comes to countering investment scams, and assessed the effectiveness of Suspicious Activity Reports (SARs) and Currency Transact...
Today, the House Financial Services Committee is holding a National Security Subcommittee hearing, led by Subcommittee Chair Warren Davidson (OH-08), to explore the growing threat of investment fraud in the United States, as well as analyze tools and practices used to "follow the money" when it comes to investment scams. Read Subcommittee Chair Davidson’s opening remarks as prepared for delivery: "I want to welcome our witnesses. Thank you for participating in our hearing today, devoted to analy...
Chairman French Hill (AR-02) and House Committee on Financial Services members sent letters to agencies requesting the rescission, modification, or re-proposal of specific Biden-Harris Administration actions. You can see the areas of inquiry and specific letters below: Financial Institutions Chairman Hill and Subcommittee Chairman Barr, along with the Members on the Subcommittee on Financial Institutions, sent letters to the Federal banking agencies on an interagency basis, the Federal Reserve B...