Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), examined how the Trump Administration’s economic and regulatory policies are shaping the economy and highlighted Committee Republicans’ efforts to provide the certainty businesses and financial institutions need to invest, innovate, and support long-term economic growth. On Economic Growth and Legislative So... Read More »
One stroke of the pen could erase Trump's consumer protection legacy - unless Congress acts Rep. Andy Barr (KY-06) September 2, 2026 The best consumer protection is consumer choice. When banks, credit unions, and financial technology companies compete for Americans’ business, consumers benefit from better products, lower costs, greater convenience, and expanded access to credit. But competition ca... Read More »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a Full Committee hearing to examine the economic impact of the Trump Administration’s pro-growth policies and regulatory reforms and their role in advancing affordability, investment, innovation, and access to capital. Read Chairman Hill's remarks as prepared for delivery: "This Committee's mission is to... Read More »
Today, House Committee on Financial Services Chairman French Hill (AR-02), Financial Institutions Subcommittee Chairman Andy Barr (KY-06), and nearly all Committee Republicans unveiled the Consumer Financial Protection Accountability and Reform Act of 2026. The Consumer Financial Protection Accountability and Reform Act of 2026 will restore accountability to the Consumer Financial Protection Burea... Read More »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for September 2026: Full Committee Hearing Entitled: “Strengthening the American Economy: Promoting Growth, Opportunity, and Prosperity” Time: 10:00 AM ET Date: Wednesday, September 2, 2026 Place: 2128 Rayburn House Office Building Full Committee Hearing Entitled: “The... Read More »
St. Louis Business Journal Subcommittee on Capital Markets Chairman Ann Wagner (MO-02) July 22, 2026 Fraud losses for Americans aged 60 and older surged nearly 400% between 2020 and 2024. Rep. Ann Wagner's Financial Exploitation Prevention Act allows financial institutions to temporarily delay transactions suspected of fraud. The bill passed the House with nearly unanimous bipartisan support last ... Read More »
There is strong and widespread support for the Committee’s bipartisan Main Street Capital Access Act, which passed the House on Tuesday by a bipartisan vote of 270-155-1. To date, over 100 organizations have expressed support for the bill. For a one-pager on the bill, click here. For a section-by-section on the bill, click here. For more information, click here. Here is what they are saying: “The ... Read More »
Following the recent Full Committee hearing focused on the future of the Consumer Financial Protection Bureau (CFPB), the House Committee on Financial Services is requesting feedback from the public on a discussion draft of legislation to reform the structure and powers of the CFPB. Interested members of the public may send their comments and answers to the questions below by August 21, 2026, to f... Read More »
Today, House Committee on Financial Services Chairman French Hill (AR-02) and Oversight & Investigations Subcommittee Chairman Dan Meuser (PA-09) released a staff report titled “Fighting Back: A Policy Framework for Combating the Rise of Financial Fraud & Scams.” Over the past year, Committee Republicans have conducted an extensive investigation into the growing threat of financial fraud and scams... Read More »
Yesterday, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Warren Davidson (OH-08), held a hearing to examine efforts to strengthen the national anti-money laundering framework, improve FinCEN’s effectiveness, and combat illicit finance while reducing unnecessary regulatory burdens. On FinCEN’s Fraud Prevent... Read More »
House Committee on Financial Services Chairman French Hill (AR-02), Subcommittee on Financial Institutions Chairman Andy Barr (KY-06), and all Subcommittee members sent a letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, encouraging the Federal Reserve to continue improving the timeliness and efficiency of its review of bank merger and acquisition (M&A) applications. In the let... Read More »
Today, the House Financial Services Committee’s Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Subcommittee Chairman Warren Davidson (OH-08), is holding a hearing to examine FinCEN’s operations and efforts to reform costly, burdensome, and ineffective anti-money laundering and beneficial ownership reporting requirements. Read Subcommittee Chair... Read More »
Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chairman Mike Flood (NE-01), to examine the Federal Home Loan Banks’ role in providing liquidity to financial institutions and supporting affordable housing and community development. Read Subcommittee Chairman Flood’s opening remarks as prepared for delivery: "Today, we will ... Read More »
Today, the U.S. House of Representatives passed H.R. 6955, the Main Street Capital Access (“Main Street”) Act, by a vote of 270-155-1. Sponsored by House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06), this bill revitalizes local bank formation and ensures that community lenders can focus on serving families, small... Read More »
Today, the Housing and Insurance Subcommittee, led by Chairman Mike Flood (NE-01), held a hearing to explore the structure, operations, and mission of the Federal Home Loan Bank System. On Supporting Local Lending and Community Banks: Subcommittee Chairman Flood said, “… when I learned more about the Federal Home Loan Bank of Topeka's programs, I found them to be much more efficient in getting res... Read More »
