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Financial Services Committee Reviews Barriers to Affordable Housing

| Posted in Press Releases

Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing to explore ways to boost housing development and improve support for housing providers, focusing on regulations that raise construction costs, limit competition, and slow industry growth. On Affordability Restrictions Facing Americans: Chairman Hill (AR-02) said, “Our goal today is…

The Karnes Countywide: Working To Find Solutions to Texas Housing Issues | Rep. Monica De La Cruz

| Posted in Member Corner

Working to find solutions to Texas housing issues Rep. Monica De La Cruz (TX-15) November 14, 2025 For many, owning a home is the American dream. Yet, outdated and inefficient housing policies are keeping Texans from turning homeownership into reality. Across our communities, families that need assistance are left on long wait lists, and veterans struggle to find housing that meets…

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

| Posted in Press Releases

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…

Flood: Our Economy Is More Stable And Secure With TRIA

| Posted in Press Releases

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…

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

| Posted in Press Releases

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…

Chairman Hill Applauds Enactment of Bipartisan Law to Curb Abusive Mortgage Data Practices

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Trump signed into law the bipartisan bill, H.R. 2808, Home Buyers Privacy Protection Act, authored by Committee members Rep. John Rose (TN-06) and Rep. Ritchie Torres (NY-15): “I’m pleased to see President Trump signed the bipartisan Homebuyers Privacy Protection Act into…

HEARINGS NOTICE: House Financial Services Committee Schedule for September 2025

| Posted in Press Releases

Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following hearings and markup for September 2025: National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “Evaluating the Financial Crimes Enforcement Network” …

Housing Subcommittee Explores Modern Solutions to the Housing Shortage

| Posted in Press Releases

The Subcommittee on Housing and Insurance, led by Subcommittee Chair Mike Flood (NE-01), held a hearing exploring bipartisan solutions to the housing shortage, such as modernizing the HOME Investment Partnership (HOME) Program which has not been reauthorized since 1992.    On the need to modernize the HOME Program: “The HOME program provides block grant funding to states and…

Flood: The HOME Program Is Ripe For A Fresh Look From This Committee

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Housing and Insurance Subcommittee hearing, led by Subcommittee Chair Mike Flood (NE-01), to explore bipartisan proposals to modernize the HOME Investment Partnerships Program. Read Subcommittee Chair Flood’s opening remarks as prepared for delivery: "I’d like to thank our witnesses for being with us today, and I very much look…

HEARINGS NOTICE: House Financial Services Committee Schedule for July 2025

| Posted in Press Releases

Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following hearings and markup for July 2025: CANCELED: 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…