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Financial Services Committee Examines Legislation to Create A Framework for Payment Stablecoins
Mar 11, 2025
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The House Financial Services Committee, led by Chairman French Hill (AR-02), held a hearing entitled, "Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S. Central Bank Digital Currency." The hearing examined the promise of blockchain technology, specifically in payments ...
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Chairman Hill Statement on Executive Order Establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile
Mar 7, 2025
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House Financial Services Committee Chairman French Hill (AR-02) today released the following statement on President Trump’s Executive Order establishing a Strategic Bitcoin Reserve and United States Digital Asset Stockpile. “President Trump is committed to ensuring the U.S. remains a global leader i...
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Hill, Steil, Wagner Encourage SEC to Remove Digital Asset Hurdles Put in Place by Biden Administration
Mar 7, 2025
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Today, House Financial Services Committee Chairman French Hill (AR-02), Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Bryan Steil (WI-01), and Chairman of the Subcommittee on Capital Markets Ann Wagner (MO-02), sent a letter to Acting Chairman of t...
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Chairman Hill's Opening Statement for First Markup of 119th Congress
Mar 5, 2025
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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding its first legislative markup of the 119th Congress. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "Good morning and welcome to our first legisla...
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Financial Services Highlights Support for Effort to Roll Back Biden-ERA CFPB Overdraft Rule
Mar 5, 2025
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The House Financial Services Committee, led by Chairman French Hill (AR-02), is considering H.J. Res 59, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ‘‘Overdraft Lending: Very Large Financial Institutions,” which comes following a final rule issued by th...
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Financial Services Committee Holds First Full Committee Markup
Mar 5, 2025
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The House Financial Services Committee, led by Chairman French Hill (AR-02), today held the first full committee markup of the 119th Congress. The Committee favorably reported 11 bills to the full U.S. House of Representatives for consideration. “To show our commitment to defending the U.S. and its ...
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Lucas: Congress' Attention to Monetary Policy is Crucial As We Know the Actions of the Fed Directly Impact the Economic Well-Being of All Americans
Mar 4, 2025
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Today, the House Financial Services Committee is holding a Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force hearing, led by Task Force Chair Frank D. Lucas (OK-03), to explore monetary policy and economic opportunity. Read Task Force Chair Lucas’ opening remarks as pre...
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Flood: The Housing Affordability Challenge Affects Everyone
Mar 4, 2025
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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 the factors and policies that have led to the lack of housing supply in America. Read Subcommittee Chair Flood’s opening remarks as prepared...
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Hill, Scott, Colleagues Underscore Importance of Filling Federal Reserve Vacancy
Mar 3, 2025
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House Financial Services Committee Chairman French Hill (R-AR) and Senate Banking Committee Chairman Tim Scott (R-SC) led a letter to Treasury Secretary Scott Bessent highlighting the need to quickly fill the role of Vice Chair for Supervision of the Board of Governors of the Federal Reserve System....
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Hill, Cotton, Scott and Colleagues to Uyeda: Review Approach to Consolidated Audit Trail
Feb 28, 2025
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House Financial Services Committee Chairman French Hill (R-AR), Senate Banking Committee Chairman Tim Scott (R-SC), and Senator Tom Cotton (R-AR) sent a letter to the Securities and Exchange Commission (SEC) Acting Chairman Mark Uyeda to launch a comprehensive review of all aspects of the Consolidat...
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