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Chairman Hill Reintroduces Bill to Focus Federal Reserve Solely on Curbing Inflation

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House Committee on Financial Services Chairman French Hill (AR-02), Rep. Byron Donalds (FL-19), and Rep. Marlin Stutzman (IN-03) reintroduced the Price Stability Act aiming to end the Federal Reserve’s dual mandate and ensure the central bank focuses exclusively on containing inflation.   "For too long, the Federal Reserve has been stretched between competing objectives. It's…

Flood: Our Economy Is More Stable And Secure With TRIA

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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 Terrorism Risk Insurance Act's (TRIA) structure and operations ahead of its current expiration date of December 31, 2027. Read Subcommittee Chair Flood’s opening remarks as prepared for delivery: "I’d like to thank our…

Lucas: The Fed’s Actions Must Stay Squarely Within Congressional Intent

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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 how adding additional goals outside the Federal Reserve's current mandate hinders its ability to focus on price stability and the costs associated with failing to achieve its…

Housing and Insurance Subcommittee Examines the Functions of the Terrorism Risk Insurance Act

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Today, the Subcommittee on Housing and Insurance, led by Subcommittee Chair Mike Flood (NE-01), held a hearing examining the functions of the Terrorism Risk Insurance Act of 2002 (TRIA) and how it interacts with both domestic and international terrorism insurance markets. On the Need to Reauthorize TRIA: “… TRIA’s value is not just in direct responses to terrorism events. The program…

Monetary Policy Task Force Examines the Federal Reserve’s Current Mandates

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Today, the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Chair Frank Lucas (OK-03), held a hearing exploring the Federal Reserve’s current mandates. The Task Force also discussed how adding additional goals outside the Federal Reserve’s current mandate may hinder its ability to focus on those goals. On Concerns About the Expanding the Fed’s…

Financial Services Committee Advances 11 Bills

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The House Committee on Financial Services, led by Chairman French Hill (AR-02), today held a full committee markup. The committee successfully reported 11 bills to the full House of Representatives that support our banking system and make our capital markets more efficient. “Today, the Committee marked up a variety of bills aimed at strengthening our capital markets and reducing…

Chairman Hill: Our Goal Is To Create A Financial System That Fosters Economic Growth, Innovation, And Stability

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House Financial Services Committee Chairman French Hill (AR-02) delivered the following statement at today's markup of various bills which foster economic growth, strengthen our capital markets, and more. Read Chairman Hill's remarks as prepared for delivery. "Good morning. Today, we will advance a series of bills aimed at strengthening our banking system and making our capital markets…

Chairman Hill Introduces Bill to Help Community Banks Lower Funding Costs, Expand Lending, and Serve Their Communities

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House Committee on Financial Services Chairman French Hill (AR-02) introduced the Community Banks Deposit Access Act of 2025 to provide well-capitalized community banks the ability to attract stable, low-cost funding through custodial deposits and better serve American families and small businesses. By excluding qualifying custodial deposits from brokered deposit rules, the legislation…

Financial Services Committee Examines the Shareholder Proposal Process and Proxy Advisory Firms

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02) held a hearing examining Rule 14a-8 under the Securities Exchange Act of 1934, which governs shareholder participation in corporate governance. Members evaluated the influence of proxy advisory firms on capital markets, specifically their effect on corporate governance and shareholder voting…

Chairman Hill: We Have Seen The Shareholder Proposal Process Diverted Away From The Critical Business Strategy

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing entitled, "Proxy Power and Proposal Abuse: Reforming Rule 14a-8 to Protect Shareholder Value." This hearing will examine Rule 14a-8 under the Securities Exchange Act of 1934, which governs shareholder participation in corporate governance. Read Chairman Hill's remarks as prepared for…

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