Yesterday, the House of Representatives passed four bills from the House Committee on Financial Services.
H.R. 2071- Save Our Shrimpers Act, sponsored by Rep. Troy Nehls (TX-22), passed the House by a recorded vote of 391-18-1. H.R. 2071 requires the United States to oppose financing for foreign shrimp farming through the international financial institutions, supporting American… Read more »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a markup of various bills that reflect the Committee's long-standing efforts to strengthen our financial system, promote innovation, and protect the American people.
Read Chairman Hill's remarks as prepared for delivery:
"Good morning.
"Before us today is an opportunity to advance… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after the U.S. Senate confirmed Kevin Warsh to serve as Chairman of the Federal Reserve Board of Governors:
"I want to congratulate Kevin Warsh on his confirmation as the next Chairman of the Federal Reserve. With his prior service on the Federal Reserve Board of Governors and his decades of… Read more »
Yesterday, the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Chairman Frank Lucas (OK-03), held a hearing entitled, “Examining Derivatives’ Role in the Treasury Market.” Members reviewed how derivatives, such as futures and swaps, interact with the Treasury markets and increase market liquidity.
On Treasury Market Resilience:
Task Force… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) and Financial Institutions Subcommittee Chairman Andy Barr (KY-06) issued the following statement on the Consumer Financial Protection Bureau’s (CFPB) final rule on Section 1071:
“We commend the CFPB’s final rule on small business lending data collection. While the previous administration’s flawed regulation would have… Read more »
Yesterday, the House Committee on Financial Services held a hearing examining how the Trump Administration’s revised capital proposals, including Basel III, are appropriately right-sized to strike the proper balance between safety and soundness and economic growth.
On 2026 Proposals Compared to 2023 Basel III Proposal:
Subcommittee on Financial Institutions Subcommittee Chairman… Read more »
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 (OK-03), to examine the critical role derivatives play in managing risk in the Treasury market.
Read Task Force Chairman Lucas' opening remarks as prepared for delivery:
"Welcome to… Read more »
Today, the House Financial Services Committee is holding a hearing to examine newly released capital proposals from federal regulators, including Basel III, updates to the standardized approach, and changes to the GSIB surcharge. The hearing focuses on… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement regarding the Department of Justice's announcement it was closing its investigation of Federal Reserve Chairman Jerome Powell:
“I welcome the Department of Justice’s decision to close its investigation. As I’ve said since January 12, I felt like the accusation that Chairman Powell had… Read more »
Yesterday, the House Financial Services Subcommittee on Housing and Insurance, led by Subcommittee Chairman Mike Flood (NE-01), held a hearing on the role of reinsurance and credit risk transfers (CRT) in helping distribute risk across the market.
On Protecting Taxpayers Through Private Capital:
Full Committee Chairman French Hill (AR-02) said, “So much of this is… Read more »
