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 Association said: “Ma... 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 proposed rulema... 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 witnesses f... Read More »
Today, the House Financial Services Committee is holding a National Security Subcommittee hearing, led by Subcommittee Chair Warren Davidson (OH-08), to explore critical aspects related to the Defense Production Act (DPA) ahead of its expiration in September 2025. Read Subcommittee Chair Davidson’s opening remarks as prepared for delivery: "I want to welcome our witnesses to today’s National Secur... Read More »
Today, the Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing addressing the Committee’s ongoing efforts to address the nation’s housing supply challenges, particularly in rural America. On the unique challenges of rural housing needs: "The problems in the rural parts of our country are a little different than those we see in urban areas. ...Whil... Read More »
Today, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Subcommittee Chairman Warren Davidson (OH-08), held a hearing evaluating the Defense Production Act (DPA) ahead of its reauthorization. On the need for a strong DPA: “America is navigating one of the most dangerous and complex global threat environments in recent history. Our adversaries... Read More »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), advanced H.R. 3633, the CLARITY Act, to the full House of Representatives. The bill passed by a bipartisan vote of 32 to 19. Additionally, the House Agriculture Committee marked up the same bill and passed it by a vote of 47-6. “Blockchain technology and digital assets are reshaping the future of American financ... Read More »
Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a full committee markup. The Committee successfully reported 8 bills to support small businesses, provide more oversight to HUD, protect the privacy of homebuyers, and establish a regulatory framework for digital assets in the United States, to the full U.S. House of Representatives for consideration. "... Read More »
By Chairman French Hill, Chairman G.T. Thompson, and Majority Whip Tom Emmer The United States is on the brink of a new technological frontier – one powered by blockchain and digital assets. These assets are not just the next phase of the internet, but lay the foundation for a more secure, decentralized, and inclusive financial future. From reimagining global payments to protecting data privacy, ... Read More »
Today, House Committee on Financial Services Chairman French Hill (AR-02), House Committee on Agriculture Chairman G.T. Thompson (PA-15), and Majority Whip Tom Emmer (MN-06), published a new op-ed in CoinDesk. Yesterday, both the House Financial Services and Agriculture Committees passed the CLARITY Act with bipartisan votes. The members reiterated their commitment to enact comprehensive digital a... Read More »
House Financial Services Committee Chairman French Hill (AR-02) delivered the following statement at today's markup of the CLARITY Act, which would establish a regulatory framework for digital assets in the United States. The Committee is also marking up other bills to support small businesses, provide more oversight over HUD, protect the privacy of homebuyers, and more. Watch Chairman Hill’s open... Read More »
Today, House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Capital Markets Chairman Ann Wagner (MO-02) applauded the recent decision by the D.C. District Court to uphold the Securities and Exchange Commission’s (SEC) 2020 amendments to Rule 14a-8. This rule governs the inclusion of shareholder proposals in company proxy statements and was revised to modernize the... Read More »
Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing examining digital asset market structure legislation, H.R. 3633, the CLARITY Act of 2025. Click here for a one-pager on the CLARITY Act. Click here for a section-by-section. Click here for the text of the bill. Watch yesterday’s hearing online HERE. On the benefits of digital assets and blockc... Read More »
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 prepared ... Read More »
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 HERE. On the... Read More »
