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Chairman Hill: Today’s Discussion is Vital to Shaping the Future of Our Capital Markets

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a Full Committee hearing to examine the impact of asset tokenization on capital markets, including its regulatory implications and the need to balance innovation with investor protection and market integrity. Read Chairman Hill's remarks as prepared for delivery: "Good morning. We stand at…

Committee Republicans Introduce Proposals to Reform Deposit Insurance

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This week, several Republican Members of the House Financial Services Committee introduced various proposals to reform the U.S. deposit insurance framework. Full Committee Chairman French Hill (AR-02) stated, “As Congress considers these and other proposals, the Committee will continue to work in a data-driven manner. Our guiding principles are to ensure stability of the banking…

Chairman Hill Statement on President Trump’s National AI Legislative Framework

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House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after the Trump Administration released their National AI Legislative Framework: “I commend President Trump for releasing a thoughtful National Legislative Framework for AI that pairs innovation with targeted safeguards. As Congress moves forward, advancing regulatory sandboxes and a…

Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity Reviews the Treasury-Fed Accord

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Yesterday, the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Chairman Frank Lucas (OK-03), held a hearing entitled, “Revisiting the Treasury-Fed Accord.” Members reviewed the purpose of the Treasury-Federal Reserve Accord of 1951 (Accord) and how this Accord became the standard approach in conducting modern central banking. Members also…

Hill, Barr Statement on Basel III Proposal

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House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) issued the following statement regarding the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency’s Basel III proposal: “The Committee applauds the Federal banking agencies’ joint effort to incorporate…

Lucas: It Was Appropriate For Congress To Be Part Of The Conversation Then, Just As It Is Now

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Today, the House Financial Services Committee is holding a Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity hearing, led by Task Force Chairman Frank Lucas Davidson (OK-03), to review the purpose of the Treasury-Fed Accord of 1951 and how it became the standard approach in conducting modern central banking.  Read Task Force Chairman Lucas' opening…

Davidson: A More Ambitious Role For The Bank Must Also Come With Tougher Accountability

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Today, the House Financial Services Committee is holding a National Security, Illicit Finance, and International Financial Institutions Subcommittee hearing, led by Subcommittee Chairman Warren Davidson (OH-08), to conduct oversight over the Export-Import Bank of the United States in preparation for its reauthorization in December 2026. Read Subcommittee Chairman Davidson's opening…

Full Committee Examines the Current U.S. Financial Data Privacy Framework

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Yesterday, the House Financial Services Committee, led by Chairman French Hill (AR-02), explored potential changes to modernize Title V of the Gramm-Leach-Bliley Act (GLBA) to ensure consistent and effective financial data privacy protections for all Americans. On Consumer Privacy Laws: Chairman Hill said, “Most state consumer privacy laws exempt either GLBA compliant institutions or…

National Security, Illicit Finance, and International Financial Institutions Subcommittee Examines the Export-Import Bank

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Today, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Warren Davidson (OH-08), hosted the Export-Import (EXIM) Bank of the United States President and Chairman John Jovanovic for a hearing entitled, “Oversight of the Export-Import Bank.” On Strengthening U.S. Competitiveness: Subcommittee Chairman…

Chairman Hill: As We Consider Additions To The GLBA, We Must Strike A Balance

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing to provide an overview of financial data privacy policy and examine the current patchwork of legal frameworks at the Federal and state levels. Read Chairman Hill's remarks as prepared for delivery: "Good morning. Today’s hearing will examine the current state of consumer financial…