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Chairman Hill: As We Consider Additions To The GLBA, We Must Strike A Balance

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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...

Oversight and Investigations Subcommittee Reviews Mismanagement of Little Rock Public Housing Authority

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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...

Hill and Flood Statement on President Trump’s Executive Order on Housing Affordability

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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...

Meuser: The Facts Need to Be Clear, the Failures Need to Be Understood, and Those Responsible Need to Be Held Accountable with the Transparency and Discipline the Law Requires

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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...

Hill and Barr Applaud President Trump's Move to Expand Access to Mortgage Credit

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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...

TOMORROW: MEDIA ADVISORY: Rep. Hill to Host Field Hearing on Failures of Little Rock Housing Authority

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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...

Chairman Hill Statement on Senate Passage of 21st Century ROAD to Housing Act

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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...

Capital Markets Subcommittee Examines the Role of Self-Regulatory Organizations in U.S. Markets

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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...

Barr: Fraud and Scam Losses Are Not Abstract Statistics

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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...

Financial Services Advances 5 Bills

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Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), successfully reported 5 bills to the House of Representatives. "The bills before us reflect President Trump and Republicans’ shared commitment to promoting pro-growth, America-first policies,” said Chairman Hill. “We are working to strengthen Main Street, expand access to capital, support American businesses...

Financial Institutions Subcommittee Reviews Ways to Combat Fraud

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Today, the Subcommittee on Financial Institutions, chaired by Rep. Andy Barr (KY-06), examined how financial institutions are protecting Americans from the rising occurrence of financial fraud and the challenges they face within the broader anti-fraud ecosystem. On the Rise of Financial Fraud Across our Country: Full Committee Chairman French Hill (AR-02) said, "Fraud and scams are not a new chall...

Chairman Hill: The bills before us today reflect President Trump and Republicans’ shared commitment to promoting pro-growth, America-first policies

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a markup of various bills that reaffirm the Committee's commitment to supporting American businesses and families. Read Chairman Hill's remarks as prepared for delivery. "Today, we will advance a series of bills aimed at strengthening our economy and supporting small businesses and American families. "At...

Chairman Hill on Thune Filing Cloture on Housing for the 21st Century Act

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House Financial Services Committee Chairman French Hill (AR-02) issued the following statement after Senate Majority Leader John Thune (R-SD) filed cloture on the Committee’s Housing for the 21st Century Act: “In his State of the Union address, President Trump made clear that reclaiming the American Dream for families was his top priority. Senate Majority Leader Thune’s action today is an importan...

VIDEO: Delivering for America: Strengthening the Economy, Expanding Opportunity

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Ahead of President Trump’s State of the Union Address, Financial Services Committee Republicans released a video outlining the real solutions the Committee has advanced to support President Trump’s agenda, strengthen the economy, and expand opportunity for the American people. Click here to watch. “The House Financial Services Committee has been laser focused on advancing real solutions focused on...

Chairman Hill Statement on President Trump’s State of the Union Address

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House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Donald Trump’s State of the Union address: “Tonight, President Trump made clear that his number one priority is the economy and reclaiming the American Dream for families across our nation. “The Financial Services Committee is advancing President Trump’s agenda and delivering results. ...