Skip to Content

Chairman Hill Introduces Bill to Help Community Banks Lower Funding Costs, Expand Lending, and Serve Their Communities

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) introduced the Community Banks Deposit Access Act of 2025 to provide well-capitalized community banks the ability to attract stable, low-cost funding through custodial deposits and better serve American families and small businesses. By excluding qualifying custodial deposits from brokered deposit rules, the legislation…

Financial Services Committee Examines the Shareholder Proposal Process and Proxy Advisory Firms

| Posted in Press Releases

Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02) held a hearing examining Rule 14a-8 under the Securities Exchange Act of 1934, which governs shareholder participation in corporate governance. Members evaluated the influence of proxy advisory firms on capital markets, specifically their effect on corporate governance and shareholder voting…

Chairman Hill: We Have Seen The Shareholder Proposal Process Diverted Away From The Critical Business Strategy

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing entitled, "Proxy Power and Proposal Abuse: Reforming Rule 14a-8 to Protect Shareholder Value." This hearing will examine Rule 14a-8 under the Securities Exchange Act of 1934, which governs shareholder participation in corporate governance. Read Chairman Hill's remarks as prepared for…

Chairman Hill Stands Strong with Our Nation’s Service Members

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) released the following statement after the U.S. House of Representatives passed the FY26 National Defense Authorization Act (NDAA). "Under the Trump Administration’s steadfast leadership, we are enhancing our defense capabilities, and Congress is proud to advance this mission by delivering a well-deserved pay raise and…

Barr: Today We Will Explore A Series Of Topics That Focus On Promoting A Healthy Banking Industry For Institutions Of All Sizes

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to evaluate the Federal Deposit Insurance Corporation's (FDIC) resolution process for failed banks and explore reforms regarding several regulatory topics to support a healthy banking sector for institutions of all sizes. Read Subcommittee…

Davidson: Over Decades, The Bank Secrecy Act Has Morphed Into A Bloated Surveillance Machine

| Posted in Press Releases

Today, the the House Financial Services Committee is holding a National Security, Illicit Finance, and International Financial Institutions Subcommittee hearing, led by Subcommittee Chair Warren Davidson (OH-08), to examine the history of the Bank Secrecy Act and hear about FinCEN's operations and the status of the Beneficial Ownership reporting regime. Read Subcommittee Chair Davidson’s…

National Security Subcommittee Examines the Financial Crimes Enforcement Network’s Operations

| Posted in Press Releases

Today, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Subcommittee Chair Warren Davidson (OH-08), hosted Financial Crimes Enforcement Network’s (FinCEN) Director Andrea Gacki to conduct oversight of the bureau’s authorities, operations, and the current status of the beneficial ownership reporting regime. On the need to reform…

Financial Institutions Subcommittee Explores Reforms to Improve the Health of Our Banking System

| Posted in Press Releases

Today, the Subcommittee on Financial Institutions, led by Subcommittee Chair Andy Barr (KY-06), held a hearing aimed at promoting a healthy banking industry for institutions of all sizes. This hearing continues the Committee’s work to advance its “Make Community Banking Great Again” agenda. On the need for a healthier and more competitive banking sector: “The current misalignment in…

Chairman Hill Applauds Enactment of Bipartisan Law to Curb Abusive Mortgage Data Practices

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Trump signed into law the bipartisan bill, H.R. 2808, Home Buyers Privacy Protection Act, authored by Committee members Rep. John Rose (TN-06) and Rep. Ritchie Torres (NY-15): “I’m pleased to see President Trump signed the bipartisan Homebuyers Privacy Protection Act into…

Rural America is primed for an entrepreneurial renaissance | Rep. Troy Downing

| Posted in Member Corner

Rural America is primed for an entrepreneurial renaissance | Rep. Troy Downing REP. TROY DOWNING Billings Gazette Rural America is primed for an entrepreneurial renaissance. A recent study ranked Montana as the state with the best opportunities for startups. Data from the Census Bureau and Bureau of Labor Statistics shows that the Treasure State boasts a strong 422 startups per 100,000…

Back to top