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 examine the role of primary dealers in the Treasury markets and how rising government debt issuance affects their ability to make markets and participate in Treasury auctions.
Read Task Force… Read more »
Today, House Committee on Financial Services Chairman French Hill (R-AR), Capital Markets Subcommittee Chairman Ann Wagner (R-MO), Rep. Gregory Meeks (D-NY), and Rep. Josh Gottheimer (D-NJ) unveiled the INVEST Act.
Next week, the House of Representatives will consider the INVEST Act. This bill includes more than 20 bipartisan bills that advanced out of the Committee. The INVEST Act will… Read more »
Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing reviewing how the Federal Reserve Board (FRB), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and National Credit Union Administration (NCUA) are aligning their supervisory and regulatory actions with the Committee’s goal of streamlining… Read more »
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 role of primary dealers in Treasury markets and how increasing government debt issuance impacts their capacity to make markets and participate in Treasury auctions. Members also discussed how central clearing could help relieve… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) and Oversight Subcommittee Chairman Dan Meuser (PA-09) today released a final staff report titled “Operation Choke Point 2.0: Biden’s Debanking of Digital Assets.”
Beginning in the 118th Congress, Committee Republicans have been investigating coordinated efforts by the Biden Administration to debank digital asset… Read more »
Today, the House of Representatives passed six bipartisan bills from the House Committee on Financial Services. Collectively, these bills further advance the Committee’s agenda to increase transparency at HUD, promote access to capital, and restore peace and democracy in Burma.
H.R. 225 – HUD Transparency Act, sponsored by Rep. Monica De La Cruz (TX-15), unanimously passed… Read more »
Chairman French Hill (AR-02) and Republican members of the House Committee on Financial Services sent a letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, Comptroller of the Currency Jonathan Gould, and Federal Deposit Insurance Corporation Acting Chairman Travis Hill encouraging the federal banking regulators to reconsider the application of Enhanced Prudential… Read more »
Chairman French Hill (AR-02) and Republican members of the House Committee on Financial Services sent a letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, Office of the Comptroller of the Currency (OCC) Comptroller Jonathan Gould, and Federal Deposit Insurance Corporation Acting Chairman Travis Hill urging the withdrawal of four specific supervisory guidance documents:… Read more »
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… Read more »
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… Read more »
