Yesterday, the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Chairman Frank Lucas (OK-03), held a hearing entitled, “Revisiting the Treasury-Fed Accord.” Members reviewed the purpose of the Treasury-Federal Reserve Accord of 1951 (Accord) and how this Accord became the standard approach in conducting modern central banking. Members also examined the eco... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) issued the following statement regarding the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency’s Basel III proposal: “The Committee applauds the Federal banking agencies’ joint effort to incorporate bipartisan f... Read More »
Today, the House Financial Services Committee is holding a Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity hearing, led by Task Force Chairman Frank Lucas Davidson (OK-03), to review the purpose of the Treasury-Fed Accord of 1951 and how it became the standard approach in conducting modern central banking. Read Task Force Chairman Lucas' opening remarks as prepar... Read More »
Today, the House Financial Services Committee is holding a National Security, Illicit Finance, and International Financial Institutions Subcommittee hearing, led by Subcommittee Chairman Warren Davidson (OH-08), to conduct oversight over the Export-Import Bank of the United States in preparation for its reauthorization in December 2026. Read Subcommittee Chairman Davidson's opening remarks as prep... Read More »
Yesterday, the House Financial Services Committee, led by Chairman French Hill (AR-02), explored potential changes to modernize Title V of the Gramm-Leach-Bliley Act (GLBA) to ensure consistent and effective financial data privacy protections for all Americans. On Consumer Privacy Laws: Chairman Hill said, “Most state consumer privacy laws exempt either GLBA compliant institutions or GLBA complian... Read More »
Today, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Warren Davidson (OH-08), hosted the Export-Import (EXIM) Bank of the United States President and Chairman John Jovanovic for a hearing entitled, “Oversight of the Export-Import Bank.” On Strengthening U.S. Competitiveness: Subcommittee Chairman Davidson said, “We are eager to wo... Read More »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing to provide an overview of financial data privacy policy and examine the current patchwork of legal frameworks at the Federal and state levels. Read Chairman Hill's remarks as prepared for delivery: "Good morning. Today’s hearing will examine the current state of consumer financial data policy a... Read More »
Last Friday, the Subcommittee on Oversight and Investigations, chaired by Rep. Dan Meuser (PA-09), held a field hearing titled “Broken Promises: Failures of the Little Rock Housing Authority and the Impact on Residents.” On Mismanagement of Little Rock’s Public Housing Authority: Full Committee Chairman French Hill (AR-02) said, "I’ve unfortunately witnessed mismanagement and fraud firsthand right... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) and Housing and Insurance Subcommittee Chairman Mike Flood (NE-01), issued the following statement on President Trump’s Executive Order removing regulatory barriers to affordable home construction: “We commend President Trump acting to address the underlying issues that are driving up the cost to build new homes. Many of the object... Read More »
Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee field hearing, led by Subcommittee Chairman Dan Meuser (PA-09), titled: "Broken Promises: Failures of the Little Rock Housing Authority and the Impact on Residents." Read Subcommittee Chairman Meuser's opening remarks as prepared for delivery: "Thank you, Chairman Hill, for holding this field hea... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) issued the following statement in support of President Trump's Executive Order expanding access to mortgage credit: “I commend President Trump’s Executive Order Promoting Access to Mortgage Credit. The President and his Administration have shown tremendous leader... Read More »
Tomorrow, at 10:00 AM CT, Chairman of the House Financial Services Committee, Rep. French Hill (AR-02), will hold a Field Hearing at the Central Arkansas Library System in Little Rock, Arkansas. The Financial Services Committee’s Subcommittee on Oversight and Investigations, chaired by Rep. Dan Meuser (PA-09), will be coming to Little Rock to examine the failures of the Little Rock Housing Authori... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after Senate passage of the 21st Century ROAD to Housing Act: “Today, the Senate took an important step in the legislative process. This Congress, the House has passed bipartisan legislation to empower homeowners and renters, strengthen communities, and foster more affordable choices for all Americans... Read More »
Yesterday, the Subcommittee on Capital Markets, chaired by Rep. Ann Wagner (MO-02), evaluated the accountability, efficiency, and transparency of the Financial Industry Regulatory Authority (FINRA) and the Municipal Securities Rulemaking Board (MSRB). On Transparency and Accountability of Self-Regulatory Organizations: Subcommittee on Capital Markets Chairman Wagner said, “A recurring concern from... Read More »
Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chairman Andy Barr (KY-06), to deepen the Committee’s ongoing work on fraud by focusing on the role of financial institutions within the broader anti-fraud ecosystem. Read Subcommittee Chairman Barr's opening remarks as prepared for delivery: "Good morning. "Today’s hearing c... Read More »
