Chairman French Hill (AR-02) and Republican members of the House Committee on Financial Services sent a letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, Comptroller of the Currency Jonathan Gould, and Federal Deposit Insurance Corporation Acting Chairman Travis Hill encouraging the federal banking regulators to reconsider the application of Enhanced Prudential Standards for ba... Read More »
Chairman French Hill (AR-02) and Republican members of the House Committee on Financial Services sent a letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, Office of the Comptroller of the Currency (OCC) Comptroller Jonathan Gould, and Federal Deposit Insurance Corporation Acting Chairman Travis Hill urging the withdrawal of four specific supervisory guidance documents: leveraged... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) and Committee Vice-Chairman Bill Huizenga (MI-04) sent a comment letter to the Consumer Protection Financial Bureau (CFPB) as part of the agency’s advanced notice of proposed rulemaking (ANPR) on consumer personal financial data rights under Section 1033 of the Dodd-Frank Act. Hill and Huizenga commend the CFPB for their efforts to... Read More »
Today, the U.S. House of Representatives passed H.Con.Res. 58, Denouncing the Horrors of Socialism, sponsored by Committee member Rep. María Salazar (FL-27). This resolution affirms that the United States rejects socialism and opposes the implementation of socialist policies that threaten the freedoms and prosperity that define our nation. “This resolution articulates our unwavering stance in deno... Read More »
Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing examining the current deposit insurance framework in the United States. Members and witnesses assessed the potential costs and benefits of proposed reforms and explored considerations from both policymakers and financial institutions. On Classifying Transaction Accounts: “One challenge in eval... Read More »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for December 2025: Full Committee Hearing Entitled: “Oversight of Prudential Regulators” Time: 10:00 AM ET Date: Tuesday, December 2, 2025 Place: 2128 Rayburn House Office Building Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity Hearin... Read More »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing entitled, "The Future of Deposit Insurance: Exploring the Coverage, Costs, and Depositor Confidence." This hearing will provide a comprehensive overview of the deposit insurance framework in the United States. Read Chairman Hill's remarks as prepared for delivery. "Today’s hearing will examine ... Read More »
Working to find solutions to Texas housing issues Rep. Monica De La Cruz (TX-15) November 14, 2025 For many, owning a home is the American dream. Yet, outdated and inefficient housing policies are keeping Texans from turning homeownership into reality. Across our communities, families that need assistance are left on long wait lists, and veterans struggle to find housing that meets their needs. Th... Read More »
House Committee on Financial Services Chairman French Hill (AR-02), Oversight and Investigations Subcommittee Chairman Dan Meuser (PA-09), Housing and Insurance Subcommittee Chairman Mike Flood (NE-01), Rep. Andrew Garbarino (NY-02), and Rep. Mike Lawler (NY-17) sent a letter to New York City Housing Authority (NYCHA) Chief Executive Officer Lisa Bova-Hiatt. In the letter, members raise concerns a... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) released the following statement as the federal government reopened after being held hostage for over 40 days by Chuck Schumer and Senate Democrats: “For over a month, Americans across our nation have felt the severe impact of Chuck Schumer and Senate Democrats’ partisan decision to keep the government closed,” said Chairman Hill. ... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) today announced a full Committee hearing for Tuesday, November 18, 2025, at 10:00 AM ET in 2128 Rayburn titled “The Future of Deposit Insurance: Exploring the Coverage, Costs, and Depositor Confidence.” “Deposit insurance has long safeguarded everyday Americans and maintained stability in our banking system,” said Chairman Hill. “T... Read More »
Europe must walk the walk on Ukraine Chairman French Hill (AR-02) October 23, 2025 On September 9, Russia violated Polish airspace with multiple drones. Four days later, it menaced Romania with a similar incursion. Since then, we’ve seen Russian fighter jets in Estonian skies and unidentified drones above airports in Oslo and Copenhagen, all while Moscow is escalating bombings of Ukrainian civilia... Read More »
SMART Act reduces regulatory burdens on well-run financial institutions By Rep. William Timmons (SC-04) October 3, 2025 Financial institutions play a vital role in the economic success of our local economies. They provide essential services to families and small businesses while driving community development and expanding opportunity in urban and rural communities across the country. As a member o... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) released the following statement after the federal government lapsed in funding: “The House Financial Services Committee has planned a robust October schedule to advance our agenda. With this lapse in government funding, the American people are ultimately hurt by our critical work coming to a halt in Congress,” said Chairman Hill. ... Read More »
House Committee on Financial Services Chairman French Hill (AR-02), Subcommittee on Capital Markets Chair Ann Wagner (MO-02), Subcommittee on Oversight and Investigations Chair Dan Meuser (PA-09), and Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chair Bryan Steil (WI-01) today sent a letter to Securities and Exchange Commission (SEC) Chair Paul Atkins to raise ... Read More »
