Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee field hearing, led by Subcommittee Chairman Andy Barr (KY-06), to examine the critical role community banks play in supporting Main Street America and the unique challenges they face under the current federal regulatory framework. Read Subcommittee Chairman Barr's opening remarks as prepared for delivery... Read More »
On Wednesday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), favorably reported 8 bills to the full House of Representatives. “These bills reflect a practical, common-sense approach to expanding opportunity, protecting consumers, preserving choice and competition, and demanding accountability from the institutions that serve the American people. At the end of the d... Read More »
This week, the U.S. House of Representatives passed four bills from the House Committee on Financial Services. H.R. 10167, the Common Cents Act, sponsored by House Republican Conference Chairwoman Lisa McClain (MI-09), passed the House by voice vote. H.R. 10167 ends the production of the penny and allows for the production of a more cost-effective nickel, reducing unnecessary costs to taxpayers wh... Read More »
Tuesday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), hosted Treasury Secretary Scott Bessent for a hearing entitled, “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System.” Watch today’s full committee hearing here. On America’s Competitiveness and Influence on International Financial Institutions: Chairman Hil... Read More »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a markup of various bills that reflect the Committee's long-standing efforts to expand opportunity, protect consumers, preserve choice and competition, and demand accountability from the institutions that serve the American people. Read Chairman Hill's remarks as prepared for delivery: "Today’s agenda br... Read More »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a Full Committee hearing to hear from Treasury Secretary Scott Bessent on how we can ensure U.S. leadership at the IMF and the World Bank advances American economic interests. Read Chairman Hill's remarks as prepared for delivery: "Good morning. I want to welcome Secretary Bessent back to the Committee. ... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) and House Committee on Agriculture Chairman Glenn “GT” Thompson (PA-15) issued the following statement after the U.S. Senate failed to invoke cloture on the CLARITY Act: "Today’s vote does not change the need for Congress to enact clear rules of the road for the digital asset ecosystem. Only Congress can provide the lasting legal c... Read More »
Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), examined how the Trump Administration’s economic and regulatory policies are shaping the economy and highlighted Committee Republicans’ efforts to provide the certainty businesses and financial institutions need to invest, innovate, and support long-term economic growth. On Economic Growth and Legislative So... Read More »
One stroke of the pen could erase Trump's consumer protection legacy - unless Congress acts Rep. Andy Barr (KY-06) September 2, 2026 The best consumer protection is consumer choice. When banks, credit unions, and financial technology companies compete for Americans’ business, consumers benefit from better products, lower costs, greater convenience, and expanded access to credit. But competition ca... Read More »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a Full Committee hearing to examine the economic impact of the Trump Administration’s pro-growth policies and regulatory reforms and their role in advancing affordability, investment, innovation, and access to capital. Read Chairman Hill's remarks as prepared for delivery: "This Committee's mission is to... Read More »
Today, House Committee on Financial Services Chairman French Hill (AR-02), Financial Institutions Subcommittee Chairman Andy Barr (KY-06), and nearly all Committee Republicans unveiled the Consumer Financial Protection Accountability and Reform Act of 2026. The Consumer Financial Protection Accountability and Reform Act of 2026 will restore accountability to the Consumer Financial Protection Burea... Read More »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for September 2026: Full Committee Hearing Entitled: “Strengthening the American Economy: Promoting Growth, Opportunity, and Prosperity” Time: 10:00 AM ET Date: Wednesday, September 2, 2026 Place: 2128 Rayburn House Office Building Full Committee Hearing Entitled: “The... Read More »
St. Louis Business Journal Subcommittee on Capital Markets Chairman Ann Wagner (MO-02) July 22, 2026 Fraud losses for Americans aged 60 and older surged nearly 400% between 2020 and 2024. Rep. Ann Wagner's Financial Exploitation Prevention Act allows financial institutions to temporarily delay transactions suspected of fraud. The bill passed the House with nearly unanimous bipartisan support last ... Read More »
There is strong and widespread support for the Committee’s bipartisan Main Street Capital Access Act, which passed the House on Tuesday by a bipartisan vote of 270-155-1. To date, over 100 organizations have expressed support for the bill. For a one-pager on the bill, click here. For a section-by-section on the bill, click here. For more information, click here. Here is what they are saying: “The ... Read More »
Following the recent Full Committee hearing focused on the future of the Consumer Financial Protection Bureau (CFPB), the House Committee on Financial Services is requesting feedback from the public on a discussion draft of legislation to reform the structure and powers of the CFPB. Interested members of the public may send their comments and answers to the questions below by August 21, 2026, to f... Read More »
