Today, the House Financial Services Committee is holding an Oversight and Investigations Subcommittee hearing, led by Subcommittee Chairman Dan Meuser (PA-09), to examine the Consumer Financial Protection Bureau's (CFPB) broad investigative authority and the harm its regulation by enforcement scheme has caused to working-class Americans.
Read Subcommittee Chairman Meuser’s opening… Read more »
This morning, the World Bank Group and the International Atomic Energy Agency (IAEA) formalized an agreement to support the deployment of nuclear energy in developing countries. This partnership represents the World Bank Group’s first reengagement with nuclear power in decades and signals a major step forward in expanding access to reliable energy across the globe.
House Committee on… Read more »
Today, the Subcommittee on Oversights and Investigations, led by Chairman Dan Meuser (PA-09), held a hearing examining the Consumer Financial Protection Bureau’s (CFPB’s) broad authority, its regulation by enforcement scheme under former Director Rohit Chopra, and the harm these actions have caused to working-class Americans.
Before the hearing, Subcommittee Chairman Meuser sent a letter… Read more »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following hearings and markup for July 2025:
Financial Institutions Subcommittee Hearing Entitled: “Main Street or Mandates? How Dodd-Frank Closed the Door on Financial Opportunities”
Time: 10:00 AM ET.
Date: Tuesday, July 8, 2025
Place: 2128 Rayburn House Office Building
Task Force… Read more »
Today, the House Financial Services Committee is holding a Capital Markets Subcommittee hearing, led by Subcommittee Chair Ann Wagner (MO-02), to examine the implementation and effects of Sarbanes-Oxley, particularly focusing on how certain provisions affect public companies and capital markets activity.
Read Subcommittee Chair Wagner’s opening remarks as prepared for delivery:
"Good… Read more »
Today, the Subcommittee on Capital Markets, led by Subcommittee Chair Ann Wagner (MO-02), held a hearing examining the implementation and effects of the Sarbanes-Oxley Act of 2002 (SOX). Members focused particularly on how certain provisions affect public companies and capital markets activity.
On the cost of SOX compliance:
“Implementation of [Sarbanes-Oxley], particularly under… Read more »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding the Federal Reserve’s Semi-Annual Monetary Policy Report hearing.
Watch Chairman Hill’s opening remarks here.
Read Chairman Hill’s opening remarks as prepared for delivery:
"Good morning. I want to thank Chairman Powell for joining us today.
"We appreciate your time and look forward to… Read more »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), hosted Federal Reserve Chairman Jerome Powell to give an update on the Federal Reserve’s monetary policy outlook.
On the strength of the economy:
“Four months into the Trump Administration, American workers and taxpayers are already benefitting from a strong, resilient economy. The Fed has noted that… Read more »
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… Read more »
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.… Read more »
