Skip to Content

Lucas: Monetary Policy Transmission is Different in Oklahoma than it is in New York

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity field hearing, led by Task Force Chairman Frank Lucas (OK-03), titled "Examining the Structure of the Federal Reserve System." Read Task Force Chairman Lucas' opening remarks as prepared for delivery: "Good morning. To my colleagues and our witnesses – welco...

Housing and Insurance Subcommittee Reviews HUD’s Disaster Recovery Programs

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing to examine the effectiveness of HUD's Community Development Block Grant Disaster Recovery (CDBG-DR) program and explore opportunities to improve federal disaster recovery assistance. On Structural Challenges Within CDBG-DR: Subcommittee Chairman Flood said,...

Flood: Let’s Examine the Best Path Forward for Disaster Recovery

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chairman Mike Flood (NE-01), titled “Examining Local Needs in Disaster Recovery.” Read Subcommittee Chairman Flood’s opening remarks as prepared for delivery: "I recognize myself for four minutes for an opening statement. "The topic of this hearing is the role that HUD plays i...

Oversight and Investigations Subcommittee Reviews How Chinese Money Laundering Networks Exploit the U.S. Financial System on Behalf of Drug Cartels

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Dan Meuser (PA-09), examined the growing partnership between Chinese money laundering networks (CMLNs) and drug cartels and the threat they pose to the U.S. financial system. On How CMLNs Operate to Avoid Detection and How We Can Counter Them: Subcommittee Chairman Meuser said, “What's happening i...

Meuser: Chinese Money Laundering Networks are the Dominant Money Laundering Partner for Drug Cartels

| Posted in Press Releases

Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee hearing, led by Subcommittee Chairman Dan Meuser (PA-09), to examine how Chinese money laundering networks are helping drug cartels move illicit funds and how Congress can combat these threats. Read Subcommittee Chairman Meuser's opening remarks as prepared for delivery: "I now recognize myself fo...

Full Committee Highlights Policy Alignment with Prudential Regulators

| Posted in Press Releases

Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing to examine the prudential regulators' efforts to tailor regulatory frameworks to today's financial system while promoting economic growth, maintaining financial stability, and fostering innovation, and showcased how the Main Street Capital Access Act complements those efforts. On Regulatory Ta...

Chairman Hill: The Trump Administration Is Returning the Prudential Regulators to Their Core Regulatory and Supervisory Mission

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a Full Committee hearing examining the supervisory and regulatory developments, rulemakings, and activities of the prudential regulators. Read Chairman Hill's remarks as prepared for delivery: "The Trump Administration is returning the prudential regulators to their core regulatory and supervisory missio...

Chairman Hill and Vice Chairman Huizenga Warn Obama-Era Conflict Mineral Rules Undermine U.S. National Security

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) and Vice Chairman Bill Huizenga (MI-04) sent a letter to President Donald Trump urging the Administration to revise, waive, or terminate the Securities and Exchange Commission’s (SEC) conflict minerals disclosure requirements initiated by the Dodd-Frank Act. In the letter, Hill and Huizenga argue the ineffective Obama-era disclosur...

WSJ: This Housing Bill Is Progress, Not Perfection | Chairman French Hill

| Posted in Member Corner

This Housing Bill is Progress, Not Perfection Chairman French Hill (AR-02) June 1, 2026 Your editorial is a sharp critique against the recently passed 21st Century ROAD to Housing Act (“A Bipartisan Housing Fiasco,” May 27). While no compromise in Congress is flawless, the board’s criticism focuses on grievances rather than the meaningful, supply-side reforms that will expand housing construction....

WTAS: Financial Services Highlights Support for Commmittee’s Bipartisan Amendment to the 21st Century ROAD to Housing Act

| Posted in Press Releases

Support for the Committee’s bipartisan amendment to the 21st Century ROAD to Housing Act has been rolling in since last week’s 396-13 passage through the House. To date, over 250 groups have expressed support for the amendment. For a one-pager on the bill click here. For a section-by-section on the bill click here. For the Administration’s Statement of Administrative Policy, click here. For more i...

National Security, Illicit Finance, and International Financial Institutions Subcommittee Explores Tools to Combat Financial Crime

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Warren Davidson (OH-08), examined ways Congress can modernize the U.S. anti-money laundering (AML) framework. On Modernizing Defense Technology to Combat Money Laundering: Full Committee Chairman French Hill (AR-02) said, “All these things mean that ...

ICYMI: Hill, Cleaver Tout House’s 396-13 Bipartisan Housing Win on Bret Baier’s Common Ground

| Posted in Press Releases

Last night, House Committee on Financial Services Chairman French Hill (AR-02) and Housing and Insurance Subcommittee Ranking Member Emanuel Cleaver (MO-05), joined “Common Ground” on Special Report with Bret Baier to discuss the House’s overwhelmingly bipartisan 21st Century ROAD to Housing Act. The bill passed the House of Representatives on Wednesday by a 396-13 vote. Click here for a one-pager...

Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Examines the Role of Bank-Fintech Partnerships in Modernizing Financial Services

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, led by Chairman Bryan Steil (WI-01), examined how bank-fintech partnerships are modernizing financial services and expanding access to innovative products for consumers and businesses. On the Need to Clarify Fintech Regulatory Frameworks: Full Committee Chairman French Hill (A...

Capital Markets Subcommittee Reviews the U.S. Equity Markets

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), examined America’s equity markets to ensure the United States sustains its global leadership, superior liquidity, and retail accessibility. On Revisiting Regulation National Market System (NMS) and Rule 611: Full Committee Chairman French Hill (AR-02) said, “We've been talking about Chairma...

Davidson: If We Want to Stop Money Laundering by the Criminals, Scammers, and Terrorists of This Century, It's Time We Change Course

| Posted in Press Releases

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), on how Congress can modernize our nation's anti-money laundering framework. Read Subcommittee Chairman Davidson's opening remarks as prepared for delivery: "I want to welcome our witnesses...