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Chairman Hill Statement on FSOC Guidance on Nonbank Financial Company Designations

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House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement regarding the Financial Stability Oversight Council’s (FSOC) proposed guidance on nonbank financial company designations: “The Committee commends FSOC for the proposed interpretive guidance on nonbank financial company designations. This would increase transparency around the Section 113…

Hill, Barr Statement on Basel III Proposal

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House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) issued the following statement regarding the Federal Reserve, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency’s Basel III proposal: “The Committee applauds the Federal banking agencies’ joint effort to incorporate…

Chairman Hill: As We Consider Additions To The GLBA, We Must Strike A Balance

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing to provide an overview of financial data privacy policy and examine the current patchwork of legal frameworks at the Federal and state levels. Read Chairman Hill's remarks as prepared for delivery: "Good morning. Today’s hearing will examine the current state of consumer financial…

Barr: Fraud and Scam Losses Are Not Abstract Statistics

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Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chairman Andy Barr (KY-06), to deepen the Committee’s ongoing work on fraud by focusing on the role of financial institutions within the broader anti-fraud ecosystem. Read Subcommittee Chairman Barr's opening remarks as prepared for delivery: "Good…

Financial Services Advances 5 Bills

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Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), successfully reported 5 bills to the House of Representatives. "The bills before us reflect President Trump and Republicans’ shared commitment to promoting pro-growth, America-first policies,” said Chairman Hill. “We are working to strengthen Main Street, expand access to capital, support American…

HEARINGS NOTICE: House Financial Services Committee Schedule for March 2026

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), announced the following Committee activity for March 2026: Markup of Various Measures Time: 10:00 AM ET Date: Wednesday, March 4, 2026 Place: 2128 Rayburn House Office Building  Financial Institutions Subcommittee Hearing Entitled: “Fighting Fraud on the Front Lines: Challenges and…

Chairman Hill: We Have Direct Solutions To Improve The Cost Of Living For All Americans

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing to examine how the policies of the Biden Administration contributed to the rising cost-of-living pressures for American families. Members will examine the improvements under President Trump and the legislative solutions Committee Republicans have advanced to restore affordability,…

Full Committee Examines Affordability Challenges For American Families

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a hearing examining how the policies of the Biden Administration contributed to rising cost-of-living pressures for American families. Members reviewed the improvements under President Trump and the legislative solutions the Committee has advanced to restore affordability, expand opportunity, and…

Chairman Hill and Financial Institutions Subcommittee Chairman Barr Unveil Community Banking Package

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House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chair Andy Barr (KY-06) released the Main Street Capital Access (“Main Street”) Act. This community banking package will revitalize local bank formation and ensure that community lenders can focus on serving families, small businesses, and local economies, making life more…

Chairman Hill, Committee Leaders Request FDIC Share Data Relating to Deposit Insurance Framework

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House Committee on Financial Services Chairman French Hill (AR-02) and Republican Committee leaders sent a letter to Federal Deposit Insurance Corporation (FDIC) Chairman Travis Hill asking for more data related to deposit insurance reform. In the letter, Republican Committee leaders request that the FDIC answer a series of questions on deposit insurance data so that Congress…