House Financial Services Committee Chairman French Hill (AR-02) delivered the following statement at today's Full Committee hearing to examine the Committee's digital asset market structure framework, the CLARITY Act. Watch Chairman Hill’s opening remarks here. Read Chairman Hill's opening remarks as prepared for delivery. "Good morning. Today’s hearing will continue our work on digital assets and... Read More »
Today, House Committee on Financial Services Chairman French Hill (AR-02) sent a letter to Acting Inspector General of the U.S. Department of Housing and Urban Development (HUD) Stephen Begg, addressing the continued troubled operations with the Housing Authority of the City of Little Rock, also known as the Metropolitan Housing Alliance (MHA). In the letter, Chairman Hill wrote, “After years of b... Read More »
House Committee on Financial Services Chairman French Hill (R-AR) today introduced the Digital Asset Market Clarity (CLARITY) Act, which would establish a regulatory framework for digital assets in the United States. House Committee on Agriculture Chairman G.T. Thompson (R-PA), House Majority Whip Tom Emmer (R-MN), House Committee on Financial Services Subcommittee on Digital Assets, Financial Tec... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after the House of Representatives passed President Trump's One Big, Beautiful Bill Act: “Today House Republicans delivered on our mandate to pass a bill that strengthens the tax code, secures our border, and maintains America’s energy dominance. For too long, government spending has been a one-way ro... Read More »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for June 2025: Full Committee Hearing Entitled: “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework” Time: 10:00 AM ET Date: Wednesday, June 4, 2025 Place: 2128 Rayburn House Office Building Financial Institutions Subcommittee... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) delivered remarks on the Committee’s provisions included as part of President Trump’s One Big, Beautiful Bill. The Committee’s portion of reconciliation would reduce the deficit by $5.2 billion. Remarks as Prepared for Delivery “Good morning, a few weeks ago, the House Financial Services Committee completed the work assigned to us ... Read More »
Ahead of House consideration of President Trump’s One Big, Beautiful Bill, the House Committee on Financial Services is sharing statements of support from stakeholders on the Committee’s Title of the reconciliation bill. Here’s what they are saying: American Bankers Association President and CEO, Rob Nichols said, “We appreciate the hard work of Chairman Hill and the House Financial Services Commi... Read More »
The House Committee on Financial Services, led by Chairman French Hill (AR-02), held a full committee markup. The Committee successfully reported 25 bills to the full U.S. House of Representatives for consideration. “During our past five months of the 119th Congress, this Committee has been hard at work examining solutions to improve the quality and condition of financial regulation to empower acc... Read More »
House Financial Services Committee Chairman French Hill (AR-02) delivered the following statement, as prepared for delivery, at today's markup of various bills that strengthen community banking, expand access to capital, and more. Watch Chairman Hill’s opening remarks here. "Good morning. During our past five months of the 119th Congress, this Committee has been hard at work examining solutions to... Read More »
Today, the House of Representatives passed S.J. Res 13, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency (OCC) relating to the review of applications under the Bank Merger Act. The resolution, when signed into law by President Trump, will reverse a Biden-era rulemaking i... Read More »
Today, the House Financial Services Committee is holding a Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force hearing, led by Task Force Chair Frank D. Lucas (OK-03), to explore theories as to why the Treasury market experienced periods of volatility during early April 2025. Read Task Force Chair Lucas’ opening remarks as prepared for delivery: "Welcome to this hearing... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) and Rep. Juan Vargas (CA-52) introduced H.R. 3394, the Fair Investment Opportunities for Professional Experts Act. This bipartisan bill expands the definition of an accredited investor, allowing Americans who demonstrate education, professional experience, or other similar credentials the opportunity to invest in private offerings.... Read More »
Today, House Committee on Financial Services Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Chairman Frank Lucas (OK-03), held a hearing examining why the Treasury Market experienced periods of volatility during April 2025. Members also discerned which regulatory changes could have helped enhance liquidity and mitigate the volatility seen in early April ... Read More »
Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to explore opportunities to improve transparency and efficiency in the bank merger review process and promote a more competitive and accessible banking landscape. Read Subcommittee Chair Barr’s opening remarks as prepared for delivery: "I now recogniz... 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 examine how to expand consumer choice and existing housing supply through the use of innovative housing solutions. Read Subcommittee Chair Flood’s opening remarks as prepared for delivery: "I am pleased to call to order the Housing and Insurance Su... Read More »
