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Ten Financial Services Committee Bills Pass the House

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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, expand access to capital, protect homebuyers, and more. H.R. 3394 – Fair Investment Opportunities for Professional Experts Act, sponsored by Chairman French Hill (AR-02), passed the House by a bipartisan vote…

Chairman Hill Applauds President Trump for Signing CRA to Reverse Biden-era Bank Merger Rule

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House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Trump signed S.J. Res. 13 into law yesterday. “I applaud President Trump signing S.J. Res. 13 into law and reversing a Biden-era OCC rule that imposed burdensome standards on bank mergers. Small banks depend on mergers to grow, innovate, and better serve their communities.…

Chairman Hill Statement on Senate Passage of GENIUS Act

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House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement following Senate passage of the GENIUS Act: "Clear rules of the road for stablecoins are long overdue, and today we’re one step closer to creating a functional regulatory framework. I applaud the Senate’s passage of the GENIUS Act and the work of Chairman Scott, Senator Hagerty, and Senator…

WHAT THEY ARE SAYING: Financial Services Highlights Support for CLARITY Act

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Earlier this week, the House Financial Services Committee, led by Chairman French Hill (AR-02), passed the CLARITY Act by a bipartisan vote of 32-19. The same day, the House Agriculture Committee, chaired by GT Thompson (PA-15), passed the CLARITY Act by a vote of 47-6. Here's what experts and supporters of the Committee’s efforts are saying:  Summer Mersinger, CEO, Blockchain…

Chairman Hill Commends SEC Withdrawal of Gensler-Era Proposed Rules

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The Securities and Exchange Commission (SEC) announced the withdrawal of 14 proposed rulemakings issued between 2020 and 2023, signaling that it does not intend to finalize these rules. In April, the Committee sent a letter to the SEC requesting the recission, modification, or re-proposal of multiple proposals. "I commend the SEC's decision to withdraw several misguided Gensler-era…

Flood: We Are Going To Dig Into The Challenges With Building Housing In Rural America

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Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chair Mike Flood (NE-01), to examine how rural communities can better leverage private-sector investment and community-led solutions to meet their unique housing needs. Read Subcommittee Chair Flood’s opening remarks as prepared for delivery: "I’d like to thank our…

Davidson: The DPA Is A Critical Component Of The United States’ National Security Toolkit That Warrants Reauthorization

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Today, the House Financial Services Committee is holding a National Security Subcommittee hearing, led by Subcommittee Chair Warren Davidson (OH-08), to explore critical aspects related to the Defense Production Act (DPA) ahead of its expiration in September 2025. Read Subcommittee Chair Davidson’s opening remarks as prepared for delivery: "I want to welcome our witnesses to today’s…

Housing and Insurance Subcommittee Addresses Rural Housing Needs

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Today, the Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing addressing the Committee’s ongoing efforts to address the nation’s housing supply challenges, particularly in rural America. On the unique challenges of rural housing needs: "The problems in the rural parts of our country are a little different than those we see in…

National Security Subcommittee Evaluates the Defense Production Act

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Today, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Subcommittee Chairman Warren Davidson (OH-08), held a hearing evaluating the Defense Production Act (DPA) ahead of its reauthorization. On the need for a strong DPA: “America is navigating one of the most dangerous and complex global threat environments in recent…

Chairman Hill Applauds Bipartisan CLARITY Act Passing Through Committee

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), advanced H.R. 3633, the CLARITY Act, to the full House of Representatives. The bill passed by a bipartisan vote of 32 to 19. Additionally, the House Agriculture Committee marked up the same bill and passed it by a vote of 47-6. “Blockchain technology and digital assets are reshaping the future of…

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