House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement on the House amendment to the 21st Century ROAD to Housing Act, which passed the Senate. “I share in President Trump’s commitment to delivering a housing bill that puts American families first, expands access to home ownership, and enhances affordability. Over the last couple of months, we’ve heard cl... 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 Banking Committee advanced the CLARITY Act out of committee. “Last July, the House sent a strong bipartisan message when 78 Democrats joined 216 Republicans to pass the CLARITY Act. On January 29, 2026, Senat... Read More »
The House Committee on Financial Services, led by Chairman French Hill (AR-02), successfully reported 6 bills to the House of Representatives. “Yesterday, we advanced legislation that reflects the Committee's core mission of promoting financial innovation, strengthening consumer protections, and ensuring our regulatory framework keeps pace with a rapidly evolving financial landscape,” said Chairma... Read More »
Yesterday, the House of Representatives passed four bills from the House Committee on Financial Services. H.R. 2071- Save Our Shrimpers Act, sponsored by Rep. Troy Nehls (TX-22), passed the House by a recorded vote of 391-18-1. H.R. 2071 requires the United States to oppose financing for foreign shrimp farming through the international financial institutions, supporting American shrimp producers f... 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 strengthen our financial system, promote innovation, and protect the American people. Read Chairman Hill's remarks as prepared for delivery: "Good morning. "Before us today is an opportunity to advance legislation that reflec... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after the U.S. Senate confirmed Kevin Warsh to serve as Chairman of the Federal Reserve Board of Governors: "I want to congratulate Kevin Warsh on his confirmation as the next Chairman of the Federal Reserve. With his prior service on the Federal Reserve Board of Governors and his decades of experienc... Read More »
Yesterday, the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Chairman Frank Lucas (OK-03), held a hearing entitled, “Examining Derivatives’ Role in the Treasury Market.” Members reviewed how derivatives, such as futures and swaps, interact with the Treasury markets and increase market liquidity. On Treasury Market Resilience: Task Force Chairman Lucas s... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) and Financial Institutions Subcommittee Chairman Andy Barr (KY-06) issued the following statement on the Consumer Financial Protection Bureau’s (CFPB) final rule on Section 1071: “We commend the CFPB’s final rule on small business lending data collection. While the previous administration’s flawed regulation would have risked cutti... Read More »
Yesterday, the House Committee on Financial Services held a hearing examining how the Trump Administration’s revised capital proposals, including Basel III, are appropriately right-sized to strike the proper balance between safety and soundness and economic growth. On 2026 Proposals Compared to 2023 Basel III Proposal: Subcommittee on Financial Institutions Subcommittee Chairman Andy Barr (KY-06) ... Read More »
Today, the House Financial Services Committee is holding a Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity hearing, led by Task Force Chairman Frank Lucas (OK-03), to examine the critical role derivatives play in managing risk in the Treasury market. Read Task Force Chairman Lucas' opening remarks as prepared for delivery: "Welcome to today’s Task Force hearing e... Read More »
Today, the House Financial Services Committee is holding a hearing to examine newly released capital proposals from federal regulators, including Basel III, updates to the standardized approach, and changes to the GSIB surcharge. The hearing focuses on ensuring capital rules are appropriately tailored, support lending and economic growth, and keep U.S. financial institutions competitive globally.... Read More »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement regarding the Department of Justice's announcement it was closing its investigation of Federal Reserve Chairman Jerome Powell: “I welcome the Department of Justice’s decision to close its investigation. As I’ve said since January 12, I felt like the accusation that Chairman Powell had committed some s... Read More »
Yesterday, the House Financial Services Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing on the role of reinsurance and credit risk transfers (CRT) in helping distribute risk across the market. On Protecting Taxpayers Through Private Capital: Full Committee Chairman French Hill (AR-02) said, “So much of this is offsetting loss for the taxpayers... Read More »
Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), successfully reported 4 bills to the House of Representatives. “The bills before us encompass a wide range of policy areas, each reflecting the Committee’s focus on promoting economic growth, strengthening market integrity, and ensuring our regulatory framework keeps pace with a rapidly evolving financial la... Read More »
Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chairman Mike Flood (NE-01), focused on the importance of reinsurance and credit risk transfer (CRT). 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 look forward to an interesting dis... Read More »
