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… Read more »
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… Read more »
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… Read more »
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”
… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »