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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »