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Chairman Hill Introduces Bill to Help Community Banks Lower Funding Costs, Expand Lending, and Serve Their Communities

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House Committee on Financial Services Chairman French Hill (AR-02) introduced the Community Banks Deposit Access Act of 2025 to provide well-capitalized community banks the ability to attract stable, low-cost funding through custodial deposits and better serve American families and small businesses. By excluding qualifying custodial deposits from brokered deposit rules, the legislation…

Barr: Today We Will Explore A Series Of Topics That Focus On Promoting A Healthy Banking Industry For Institutions Of All Sizes

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Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to evaluate the Federal Deposit Insurance Corporation's (FDIC) resolution process for failed banks and explore reforms regarding several regulatory topics to support a healthy banking sector for institutions of all sizes. Read Subcommittee…

Financial Institutions Subcommittee Explores Reforms to Improve the Health of Our Banking System

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Today, the Subcommittee on Financial Institutions, led by Subcommittee Chair Andy Barr (KY-06), held a hearing aimed at promoting a healthy banking industry for institutions of all sizes. This hearing continues the Committee’s work to advance its “Make Community Banking Great Again” agenda. On the need for a healthier and more competitive banking sector: “The current misalignment in…

HEARINGS NOTICE: House Financial Services Committee Schedule for September 2025

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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” …

House Financial Services Committee Requests Feedback on Current Federal Consumer Financial Data Privacy Law and Potential Legislative Proposals

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Today, House Committee on Financial Services Chairman French Hill (AR-02) and Subcommittee on Financial Institutions Chairman Andy Barr (KY-06) issued a request for feedback from the public on current federal consumer financial data privacy law and potential legislative proposals to account for changes in the consumer financial services sector. Interested members of the public may send…

HEARINGS NOTICE: House Financial Services Committee Schedule for July 2025

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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…

Barr: We Must Balance Robust Privacy Protections With Innovation, Access, And Reduced Regulatory Burden

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Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to explore the evolving landscape of consumer data privacy laws across federal and state jurisdictions, and examine consumer financial data privacy law under the Gramm-Leach-Biley Act (GLBA). Read Subcommittee Chair Barr’s opening remarks as…

Financial Institutions Subcommittee Reviews Consumer Data Privacy Laws

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Today, the House Committee on Financial Services Subcommittee on Financial Institutions, led by Subcommittee Chairman Andy Barr (KY-06), held a hearing exploring the evolving landscape of consumer data privacy laws across both federal and state jurisdictions. Members also examined consumer financial data privacy law under the Gramm-Leach-Bliley Act (GLBA). Watch today's hearing online…

Financial Services Applauds House Passage of CRA to Reverse Biden-era Bank Merger Rule

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Today, the House of Representatives passed S.J. Res 13, A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Office of the Comptroller of the Currency (OCC) relating to the review of applications under the Bank Merger Act. The resolution, when signed into law by President Trump, will reverse a…

Barr: We Need To Remove Barriers If We Want To Revitalize Community Banking

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Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to explore opportunities to improve transparency and efficiency in the bank merger review process and promote a more competitive and accessible banking landscape. Read Subcommittee Chair Barr’s opening remarks as prepared for delivery: "I…