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… 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… 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… 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… 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… 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… 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… 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… 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, “Revisiting the Treasury-Fed Accord.” Members reviewed the purpose of the Treasury-Federal Reserve Accord of 1951 (Accord) and how this Accord became the standard approach in conducting modern central banking. Members also… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) issued the following statement regarding the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency’s Basel III proposal:
“The Committee applauds the Federal banking agencies’ joint effort to incorporate… Read more »
