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Washington Examiner: One stroke of a pen could erase Trump’s consumer protection legacy — unless Congress acts | Rep. Andy Barr

| Posted in Member Corner

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…

Chairman Hill: Our Economy is Strongest When Government Creates the Conditions for Growth

| Posted in Press Releases

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…

House Financial Services Committee Unveils CFPB Reform Package

| Posted in Press Releases

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…

St. Louis Business Journal: Fraud losses for seniors have surged. They need help | Rep. Ann Wagner

| Posted in Member Corner

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…

WTAS: Financial Services Highlights Support for Committee’s Bipartisan Main Street Capital Access Act

| Posted in Press Releases

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…

House Financial Services Committee Requests Feedback on CFPB Reform Discussion Draft

| Posted in Press Releases

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,…

Chairman Hill, Oversight Chairman Meuser Issue Staff Report on Financial Fraud and Scams

| Posted in Press Releases

Today, House Committee on Financial Services Chairman French Hill (AR-02) and Oversight & Investigations Subcommittee Chairman Dan Meuser (PA-09) released a staff report titled “Fighting Back: A Policy Framework for Combating the Rise of Financial Fraud & Scams.” Over the past year, Committee Republicans have conducted an extensive investigation into the growing threat of…

National Security, Illicit Finance, and International Financial Institutions Subcommittee Reviews Financial Crimes Enforcement Network Operations and Anti-Money Laundering Reforms

| Posted in Press Releases

Yesterday, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Warren Davidson (OH-08), held a hearing to examine efforts to strengthen the national anti-money laundering framework, improve FinCEN’s effectiveness, and combat illicit finance while reducing unnecessary regulatory burdens. On FinCEN’s…

Chairman Hill and Subcommittee Chairman Barr Encourage Federal Reserve to Continue Streamlining Bank Merger Reviews

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02), Subcommittee on Financial Institutions Chairman Andy Barr (KY-06), and all Subcommittee members sent a letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, encouraging the Federal Reserve to continue improving the timeliness and efficiency of its review of bank merger and acquisition (M&A)…