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Financial Services Committee Examines Artificial Intelligence in Financial Services

| Posted in Press Releases

Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing exploring how artificial intelligence (AI) is being used in the financial services and housing sectors. Members assessed how current laws and regulations apply and identified where existing frameworks may create uncertainty or stifle innovation. Chairman Hill said, "AI has shown its…

Chairman Hill, Oversight Chair Meuser Issue Final Staff Report on Biden’s Debanking of Digital Assets

| Posted in Press Releases

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…

Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Analyzes How Financial Services Regulators and Firms Are Using AI

| Posted in Press Releases

Yesterday, the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, led by Subcommittee Chair Bryan Steil (WI-01), held a hearing to evaluate how financial regulators and firms are using AI. On the Potential for Regulators to Use AI: “AI is, of course, rapidly changing the way Americans live, work, and engage with our financial system. Last congress, we…

Steil: It Is Paramount Our Markets Are Not Left Behind In The Global Race For AI Leadership

| Posted in Press Releases

Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence led by Digital Assets Subcommittee Chairman Bryan Steil (WI-01) is holding a hearing to examine how financial services regulators and firms are using AI in different areas and analyze both the benefits and risks of AI adoption. Read Subcommittee Chairman Steil’s opening…

CoinDesk: The Clock Is Ticking on Crypto Market Structure Legislation in the U.S. | Chairman Hill

| Posted in Member Corner

The Clock Is Ticking on Crypto Market Structure Legislation in the U.S.  Chairman French Hill CoinDesk, September 16, 2025 With the enactment of the GENIUS Act and passage of the CLARITY Act through the U.S. House of Representatives, the United States has reversed its hostile approach to the digital asset ecosystem. While the Biden Administration spent the past four years…

ICYMI: Chairman Hill Outlines Importance of Passing Digital Asset Market Structure Legislation in New Op-Ed

| Posted in In Case You Missed It

Today, House Committee on Financial Services Chairman French Hill (AR-02) published a new op-ed in CoinDesk. In his piece, the Chairman explained the importance of enacting comprehensive digital asset market structure legislation into law and the significance of this pivotal moment to solidify America as the crypto capital of the world.  Read the Chairman’s full op-ed here or…

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” …

Chairman Hill Introduces Bipartisan Bill to Promote Artificial Intelligence in Financial Services

| Posted in Press Releases

Today, House Financial Services Committee Chairman French Hill (R-AR), Rep. Richie Torres (D-NY), Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chairman Bryan Steil (R-WI), and Rep. Josh Gottheimer (D-NJ), alongside Senator Mike Rounds (R-SD), Senator Andy Kim (D-NJ), Senator Thom Tillis (R-NC), and Senator Martin Heinrich (D-NM) introduced H.R. 4801,…

Chairman Hill Responds to President's Working Group on Digital Asset Markets Report

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) released the following statement after the President’s Working Group on Digital Asset Markets published its 180-day Report pursuant to the President’s January Executive Order, “Strengthening American Leadership in Digital Financial Technology”: “President Trump had a vision when he formed the Working Group – a goal of…

WHAT THEY ARE SAYING: Financial Services Highlights Support for CLARITY Act

| Posted in Press Releases

Yesterday, the House of Representatives passed Chairman French Hill’s (AR-02), H.R. 3633, the CLARITY Act, by bipartisan vote of 294-134. Support for the measure has rolled in both ahead of the vote and after. Here's what experts and supporters of the Committee’s efforts are saying:  American Consumer & Investor Institute said: “For too long, the lack of a clear regulatory…