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ICYMI: Financial Services Committee Presses Fed Chair Powell on Inflation, Monetary Policy, and Fed Independence
Feb 14, 2025
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Earlier this week, the House Financial Services Committee, led by Chairman French Hill (AR-02), held a hearing with Federal Reserve Chairman Jerome Powell reviewing the Federal Reserve’s Semi-Annual Monetary Policy Report. Committee members pressed Chairman Powell on being too deferential to the sta...
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Hill, Scott Lead Effort to Roll Back Biden-Era CFPB Overdraft Rule
Feb 13, 2025
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Today, House Financial Service Committee Chairman French Hill (R-AR) and Senate Banking Committee Chairman Tim Scott (R-SC) introduced Congressional Review Act (CRA) resolutions to overturn the Biden Administration’s Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees at ...
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ICYMI: Financial Services Digital Assets Subcommittee Holds First Hearing, Requests Feedback from Stakeholders on Stablecoins Bill
Feb 13, 2025
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Earlier this week, the Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee, chaired by Rep. Bryan Steil (WI-01), held a hearing examining several bills and discussion drafts to cement U.S. leadership in the digital asset space. The Committee is soliciting feedback from the...
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Chairman Hill: The Fact Is: Over the Past Decade, We Have Witnessed Too Many Distracting ‘Mandates’ Diluting the Federal Reserve’s Core Mission of Price Stability
Feb 12, 2025
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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding the Federal Reserve’s Semi-Annual Monetary Policy Report hearing. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "Welcome Chairman Powell and tha...
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Chairman Hill Expresses Deep Dismay for Midnight Rulemakings by Biden-Harris Administration on House Floor
Feb 12, 2025
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Today, House Financial Services Committee Chairman French Hill (AR-02) delivered remarks on the House floor to express his deep dismay for all rulemakings by the Consumer Financial Protection Bureau (CFPB) at the end of the Biden-Harris Administration. Watch Chairman Hill’s opening remarks here. Rea...
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Steil: Together, We Can Ensure That Stablecoin Issuers, Digital Asset Firms, and Blockchain Developers Can Operate Under Fair, Transparent, and Predictable Rules in the United States
Feb 11, 2025
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Today, the House Financial Services Committee is holding a Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee hearing, led by Subcommittee Chairman Bryan Steil (WI-01), to examine existing use cases for digital assets and blockchain technology and explore why this technol...
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Chairman Hill, Ranking Member Waters Host Bipartisan Roundtable on California Wildfires
Feb 11, 2025
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Today, House Financial Services Committee Chairman French Hill (AR-02) and Ranking Member Maxine Waters (CA-43) issued the following statement after hosting a bipartisan California Wildfires Roundtable: “The Committee held a productive, bipartisan roundtable discussion on the devastating California ...
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Chairman Hill, Wagner, Loudermilk Applaud SEC Acting Director on Protecting the Financial Privacy of Americans
Feb 11, 2025
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Today, House Financial Service Committee Chairman French Hill (AR-02), Capital Markets Subcommittee Chair Ann Wagner (MO-02) and Rep. Barry Loudermilk (GA-11) issued the following statement after Securities and Exchange Commission (SEC) Acting Director Mark Uyeda announced they will provide an exemp...
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Six House Financial Services Committee Bills Pass the House
Feb 10, 2025
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Today, the House of Representatives overwhelmingly passed six bipartisan bills from the House Financial Services Committee. Cumulatively, these bills support small businesses, make it easier for our nation’s veterans to gain housing, provide regulatory relief to credit unions, and hold China account...
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Meuser: The Biden Administration's Operation Choke Point 2.0 Was Carried Out by The Prudential Regulators to Target and Debank the Digital Asset Ecosystem
Feb 6, 2025
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Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee hearing, led by Subcommittee Chairman Dan Meuser (PA-09), to examine the negative effects of the Biden Administration's Operation Choke Point 2.0 and hear testimony by those affected and experts in ...
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