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Chairman Hill, Vice-Chairman Huizenga Encourage CFPB to Maintain Consumer Choice and Strong Consumer Financial Data Privacy and Security Standards Under 1033 Rulemaking

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House Committee on Financial Services Chairman French Hill (AR-02) and Committee Vice-Chairman Bill Huizenga (MI-04) sent a comment letter to the Consumer Protection Financial Bureau (CFPB) as part of the agency’s advanced notice of proposed rulemaking (ANPR) on consumer personal financial data rights under Section 1033 of the Dodd-Frank Act. Hill and Huizenga commend the CFPB for their…

Financial Services Committee Applauds Passage of Resolution Condemning Socialism

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Today, the U.S. House of Representatives passed H.Con.Res. 58, Denouncing the Horrors of Socialism, sponsored by Committee member Rep. María Salazar (FL-27). This resolution affirms that the United States rejects socialism and opposes the implementation of socialist policies that threaten the freedoms and prosperity that define our nation. “This resolution articulates our unwavering…

Financial Services Committee Examines Federal Deposit Insurance Framework

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Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing examining the current deposit insurance framework in the United States. Members and witnesses assessed the potential costs and benefits of proposed reforms and explored considerations from both policymakers and financial institutions. On Classifying Transaction Accounts: “One…

HEARINGS NOTICE: House Financial Services Committee Schedule for December 2025

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for December 2025: Full Committee Hearing Entitled: “Oversight of Prudential Regulators” Time: 10:00 AM ET Date: Tuesday, December 2, 2025 Place: 2128 Rayburn House Office Building Task Force on Monetary Policy, Treasury Market Resilience, and Economic…

Chairman Hill: The House Financial Services Committee Will Be Taking An Approach For Deposit Insurance That Is Thoughtful, Deliberative, And Data Driven

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing entitled, "The Future of Deposit Insurance: Exploring the Coverage, Costs, and Depositor Confidence." This hearing will provide a comprehensive overview of the deposit insurance framework in the United States. Read Chairman Hill's remarks as prepared for delivery. "Today’s hearing…

Committee Members Demand Answers from New York City Housing Authority on Management and Inspection Process for Public Housing Facilities

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House Committee on Financial Services Chairman French Hill (AR-02), Oversight and Investigations Subcommittee Chairman Dan Meuser (PA-09), Housing and Insurance Subcommittee Chairman Mike Flood (NE-01), Rep. Andrew Garbarino (NY-02), and Rep. Mike Lawler (NY-17) sent a letter to New York City Housing Authority (NYCHA) Chief Executive Officer Lisa Bova-Hiatt. In the letter, members…

Chairman Hill, Committee Republicans Stand Ready to Work as Government Reopens

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House Committee on Financial Services Chairman French Hill (AR-02) released the following statement as the federal government reopened after being held hostage for over 40 days by Chuck Schumer and Senate Democrats: “For over a month, Americans across our nation have felt the severe impact of Chuck Schumer and Senate Democrats’ partisan decision to keep the government closed,” said…

Chairman Hill Announces Full Committee Hearing on Deposit Insurance

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House Committee on Financial Services Chairman French Hill (AR-02) today announced a full Committee hearing for Tuesday, November 18, 2025, at 10:00 AM ET in 2128 Rayburn titled “The Future of Deposit Insurance: Exploring the Coverage, Costs, and Depositor Confidence.” “Deposit insurance has long safeguarded everyday Americans and maintained stability in our banking system,” said…

Chairman Hill Statement on Government Shutdown

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House Committee on Financial Services Chairman French Hill (AR-02) released the following statement after the federal government lapsed in funding: “The House Financial Services Committee has planned a robust October schedule to advance our agenda. With this lapse in government funding, the American people are ultimately hurt by our critical work coming to a halt in Congress,” said…

Chairmen Hill, Meuser, Wagner, Steil Express Concern Over SEC’s IT Failures, Highlight Recordkeeping Following Loss of Former Chair Gensler’s Texts

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House Committee on Financial Services Chairman French Hill (AR-02), Subcommittee on Capital Markets Chair Ann Wagner (MO-02), Subcommittee on Oversight and Investigations Chair Dan Meuser (PA-09), and Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chair Bryan Steil (WI-01) today sent a letter to Securities and Exchange Commission (SEC) Chair Paul Atkins…