On Friday, the Subcommittee on Financial Institutions, led by Subcommittee Chairman Andy Barr (KY-06), hosted a field hearing in Richmond, Kentucky, to examine the importance of community banks in expanding access to capital, supporting affordable housing, and driving economic growth in local communities. The hearing highlighted how the Main Street Capital Access Act would help strengthen… Read more »
Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee field hearing, led by Subcommittee Chairman Andy Barr (KY-06), to examine the critical role community banks play in supporting Main Street America and the unique challenges they face under the current federal regulatory framework.
Read Subcommittee Chairman Barr's opening remarks… Read more »
Today, House Committee on Financial Services Chairman French Hill (AR-02), Financial Institutions Subcommittee Chairman Andy Barr (KY-06), and nearly all Committee Republicans unveiled the Consumer Financial Protection Accountability and Reform Act of 2026.
The Consumer Financial Protection Accountability and Reform Act of 2026 will restore accountability to the Consumer Financial… Read more »
House Committee on Financial Services Chairman French Hill (AR-02), Subcommittee on Financial Institutions Chairman Andy Barr (KY-06), and all Subcommittee members sent a letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, encouraging the Federal Reserve to continue improving the timeliness and efficiency of its review of bank merger and acquisition (M&A)… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after the World Bank announced it will phase out its lending to China by 2031:
“I’m pleased to see the World Bank take long overdue steps to restore common sense policies. As the world’s largest official creditor, China should not benefit from development financing intended for countries in… Read more »
House Committee on Financial Services Chairman French Hill (AR-02) and Financial Institutions Subcommittee Chairman Andy Barr (KY-06) issued the following statement on the Consumer Financial Protection Bureau’s (CFPB) final rule on Section 1071:
“We commend the CFPB’s final rule on small business lending data collection. While the previous administration’s flawed regulation would have… Read more »
Today, the House Financial Services Committee and the House Energy & Commerce Committee announced a joint effort to advance two landmark data privacy bills, the GUARD Financial Data Act and the SECURE Data Act, to provide Americans more control over their personal data, create a uniform national framework to promote competition, and improve consumer choice by increasing… Read more »
Yesterday, the House Financial Services Subcommittee on Financial Institutions, led by Chairman Andy Barr (KY-06), examined the consumer credit reporting market and the importance of accurate credit reports for risk management and access to credit.
On Promoting Economic Opportunity:
Subcommittee Chairman Barr said, "Access to credit is fundamental to economic mobility. It is the… Read more »
Today, the House Financial Services Committee is holding a Subcommittee on Financial Institutions hearing, led by Subcommittee Chairman Andy Barr (KY-06), to examine the consumer credit reporting market and the importance of accurate credit reports for risk management and access to credit.
Read Subcommittee Chairman Barr's opening remarks as prepared for… Read more »
This week, several Republican Members of the House Financial Services Committee introduced various proposals to reform the U.S. deposit insurance framework.
Full Committee Chairman French Hill (AR-02) stated, “As Congress considers these and other proposals, the Committee will continue to work in a data-driven manner. Our guiding principles are to ensure stability of the banking… Read more »
