Yesterday, the House Financial Services Subcommittee on Financial Institutions, led by Chairman Andy Barr (KY-06), examined the consumer credit reporting market and the importance of accurate credit reports for risk management and access to credit. On Promoting Economic Opportunity: Subcommittee Chairman Barr said, "Access to credit is fundamental to economic mobility. It is the foundation that pr... Read More »
Today, the House Financial Services Committee is holding a Subcommittee on Financial Institutions hearing, led by Subcommittee Chairman Andy Barr (KY-06), to examine the consumer credit reporting market and the importance of accurate credit reports for risk management and access to credit. Read Subcommittee Chairman Barr's opening remarks as prepared for delivery: "I want to thank our witnesses fo... Read More »
Today, the the House Financial Services Committee is holding a Capital Markets Subcommittee hearing, led by Subcommittee Chairman Ann Wagner (MO-02), to examine securities fraud and financial exploitation, evaluate current enforcement tools, and identify gaps that may undermine market integrity and investor confidence. Read Subcommittee Chairman Wagner's opening remarks as prepared for delivery: "... Read More »
Today, the House Financial Services Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), examined measures to strengthen protections for Americans against financial fraud and scams. On the Rising Threat of Financial Fraud: Full Committee Chairman French Hill (AR-02) said, “Between 2020 and 2024, so since the pandemic, securities and investment fraud offenses have increased 25%. In ... Read More »
House Committee on Financial Services Chairman French Hill (AR-02), Subcommittee on Oversight and Investigations Chairman Dan Meuser (PA-09), Housing and Insurance Subcommittee Chairman Mike Flood (NE-01), Rep. Tim Moore (NC-14), and Rep. Troy Downing (MT-02), sent a letter to the U.S. Attorney for the Eastern District of Arkansas, Jonathan D. Ross. In the letter, the lawmakers urge the Eastern Di... Read More »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for April 2026: Capital Markets Subcommittee Hearing Entitled: “Safeguarding Main Street: Combatting Fraud and Exploitation in Our Capital Markets” Time: 10:00 AM ET Date: Wednesday, April 15, 2026 Place: 2128 Rayburn House Office Building Financial Institutions Subcomm... Read More »
Yesterday, the House Financial Services Subcommittee on Housing and Insurance, led by Chairman Mike Flood (NE-01), examined how targeted mitigation investments can reduce flood damage, strengthen community preparedness, and lower long-term costs for taxpayers. On Insurance Structure and Risk Exposure: Subcommittee Chairman Flood said, "Flood damage is a unique kind of peril. It is not covered by h... Read More »
Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence led by Subcommittee Chairman Bryan Steil (WI-01) is holding a hearing to examine how agencies are addressing emerging technologies and to explore how Congress can support responsible innovation while ensuring strong oversight and accountability. Read Subcommittee Chairman Steil’s o... 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 investigate ways to lower the costs and damage of flooding. Read Subcommittee Chairman Flood’s opening remarks as prepared for delivery: "I’d like to thank our witnesses for being with us today, and I very much look forward to an important discussi... Read More »
Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, led by Chairman Bryan Steil (WI-01), examined how federal financial regulators prioritize innovation initiatives and are adapting to rapid technological change. On Regulators Prioritizing Innovation: Full Committee Chairman French Hill (AR-02) said, “Financial innovation is accel... Read More »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a Full Committee hearing to examine the impact of asset tokenization on capital markets, including its regulatory implications and the need to balance innovation with investor protection and market integrity. Read Chairman Hill's remarks as prepared for delivery: "Good morning. We stand at the threshold ... Read More »
This week, several Republican Members of the House Financial Services Committee introduced various proposals to reform the U.S. deposit insurance framework. Full Committee Chairman French Hill (AR-02) stated, “As Congress considers these and other proposals, the Committee will continue to work in a data-driven manner. Our guiding principles are to ensure stability of the banking system, maintain d... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement regarding the Financial Stability Oversight Council’s (FSOC) proposed guidance on nonbank financial company designations: “The Committee commends FSOC for the proposed interpretive guidance on nonbank financial company designations. This would increase transparency around the Section 113 designation p... Read More »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing examining the role tokenization can play in modernizing our capital markets and if regulatory updates could benefit U.S. competitiveness. Members explored how traditional securities can be brought onto blockchain networks, what that could mean for investors, and how to ensure investor protections ... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after the Trump Administration released their National AI Legislative Framework: “I commend President Trump for releasing a thoughtful National Legislative Framework for AI that pairs innovation with targeted safeguards. As Congress moves forward, advancing regulatory sandboxes and a flexible, sectora... Read More »
