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Hearing Entitled: Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S. Central Bank Digital Currency
House Financial Services Committee Chairman French Hill (AR-02) today released the following statement on President Trump’s Executive Order establishing a Strategic Bitcoin Reserve and United States Digital Asset Stockpile. “President Trump is committed to ensuring the U.S. remains a global leader in digital assets. It is critical we ensure proper accountability, accurate tracking, and a unified approach to managing these novel assets. As President Trump works to implement this Executive Order, ...
Today, House Financial Services Committee Chairman French Hill (AR-02), Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Bryan Steil (WI-01), and Chairman of the Subcommittee on Capital Markets Ann Wagner (MO-02), sent a letter to Acting Chairman of the U.S. Securities and Exchange Commission (SEC), Mark Uyeda, encouraging the Commission to take additional steps to remove inappropriate hurdles put in by place by the Biden Administration that hinde...
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding its first legislative markup of the 119th Congress. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "Good morning and welcome to our first legislative markup of the 119th Congress. "I am eager to start our work. For these next two years, we will focus on balancing regulatory oversight with the promotion of innovation and competitiveness in the ...
The House Financial Services Committee, led by Chairman French Hill (AR-02), is considering H.J. Res 59, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ‘‘Overdraft Lending: Very Large Financial Institutions,” which comes following a final rule issued by the Consumer Financial Protection Bureau (CFPB) that effectively imposes government price controls on overdraft fees. Here's what experts and supporters of the Committee’s efforts are saying: A study fr...
