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Oversight and Investigations Subcommittee Reviews Public Housing Authorities

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Today, the Subcommittee on Oversight and Investigations examined how to improve management from Public Housing Agencies (PHAs) to improve living conditions for residents. On Fraud and Mismanagement of PHAs: Chairman French Hill (AR-02) said, “In 2023, in a detailed audit by Department of Housing and Urban Development (HUD) Housing Authority in Little Rock, otherwise…

Financial Services Committee’s Bipartisan Housing for the 21st Century Act Passes House

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Today, the Housing for the 21st Century Act, led by House Committee on Financial Services Chairman French Hill (R-AR), Ranking Member Maxine Waters (D-CA), Subcommittee on Housing and Insurance Chair Mike Flood (R-NE), and Subcommittee on Housing and Insurance Ranking Member Emanuel Cleaver (D-MO), passed the full U.S. House of Representatives by a strong bipartisan vote of 390-9. This…

WTAS: Financial Services Highlights Support for Committee's Bipartisan Housing for the 21st Century Act

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Support for the Committee’s bipartisan Housing for the 21st Century Act is rolling in ahead of Monday’s vote on the House Floor. To date, over 70 groups have endorsed the package. For a one-pager on the bill, click here. For a section-by-section on the bill, click here. Here is what they are saying: Affordable Housing Tax Credit Coalition said, “The Housing for the…

House Passes Six Bipartisan Financial Services Bills

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Today, the House of Representatives passed six bipartisan bills from the House Committee on Financial Services. H.R. 6644- Housing for the 21st Century Act, sponsored by Chairman French Hill (AR-02), Ranking Member Maxine Waters (CA-43), Subcommittee on Housing and Insurance Chairman Mike Flood (NE-01), and Subcommittee on Housing and Insurance Ranking Member Emanuel Cleaver (MO-05),…

WTAS: Financial Services Highlights Support for Committee's Bipartisan Housing for the 21st Century Act

| Posted in Press Releases

Support for the Committee’s bipartisan Housing for the 21st Century Act is rolling in ahead of Monday’s vote on the House Floor. To date, over 50 groups have endorsed the package. For a one-pager on the bill click here. For a section-by-section on the bill click here. Here is what they are saying: Affordable Housing Tax Credit Coalition said, “The Housing for the 21st Century Act…

Financial Services Members Outline Concerns with Consolidated Audit Trail to SEC Chair Atkins

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House Committee on Financial Services Chairman French Hill (AR-02), Subcommittee on Capital Markets Chairman Ann Wagner (MO-02), and Rep. Barry Loudermilk (GA-11) sent a letter to Securities and Exchange Commission (SEC) Chairman Paul Atkins outlining longstanding concerns with the Consolidated Audit Trail (CAT). In the letter, the Members commend Chairman Atkins for steps already taken…

Capital Markets Subcommittee Examines the Securities and Exchange Commission

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Yesterday, the Subcommittee on Capital Markets, led by Chairman Ann Wagner (MO-02), examined the Securities Exchange Commission (SEC) and their recent actions to ensure transparency and accountability across the agency. On Ensuring Integrity at the SEC: Chairman French Hill (AR-02) said, "The SEC plays a critical role in ensuring America's capital markets remain the envy of the world.…

Chairman Hill: Congress Has a Responsibility to Safeguard the Stability of Our Financial System and Create a Regulatory Framework That Fosters Growth While Effectively Addressing Risks

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing with Treasury Secretary Scott Bessent to review the Financial Stability Oversight Council’s (FSOC) 2025 Annual Report. Read Chairman Hill's remarks as prepared for delivery. "Good morning. Treasury Secretary Bessent, welcome. It is an honor to have you with us today to provide…

Wagner: This Hearing Is About Ensuring The Future Of The SEC Is Grounded In The Rule Of Law And Respect For Due Process

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Today, the House Financial Services Committee is holding a Capital Markets Subcommittee hearing, led by Subcommittee Chair Ann Wagner (MO-02), to examine the Securities and Exchange Commission's (SEC) approach to regulation and enforcement and explore ways to reinforce accountability, due process and public confidence in U.S. capital markets. Read Subcommittee Chair Wagner’s opening…

Full Committee Evaluates the Financial Stability Oversight Council

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), hosted Treasury Secretary Scott Bessent for a hearing entitled, “The Annual Report of the Financial Stability Oversight Council.” On Community Banks: Chairman Hill questioned Secretary Bessent on the importance of community banks, to which the Secretary responded, “It’s Main Street’s turn, and…