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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

| Posted in Press Releases

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…

Financial Institutions Subcommittee Examines the Future of Bank Mergers and De Novo Formation

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Today, House Committee on Financial Services Subcommittee on Financial Institutions, led by Chairman Andy Barr (KY-06), held a hearing to examine how regulatory complexity, unclear supervisory standards, and inconsistent approval timelines may be limiting new bank formation and contributing to consolidation in the financial sector. Watch today’s hearing online HERE.  On encouraging…

Barr: Community Banks Are The Lifeblood Of Local Economies

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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 reforms to increase accountability in bank supervision and enhance interagency coordination. Read Subcommittee Chair Barr’s opening remarks as prepared for delivery: "I want to thank our witnesses for being here today for the…

Financial Institutions Subcommittee Reviews Regulatory Overreach

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Today, the Subcommittee on Financial Institutions, led by Chairman Andy Barr (KY-06), held a hearing entitled, "Regulatory Overreach: The Price Tag on American Prosperity." This hearing focused on promoting regulatory fairness, transparency, and appropriately scaled oversight within the financial system. Members explored reforms to increase accountability in bank supervision and…

Financial Services Outlines Actions to be Rescinded, Modified, or Reproposed from the Biden-Harris Administration

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Chairman French Hill (AR-02) and House Committee on Financial Services members sent letters to agencies requesting the rescission, modification, or re-proposal of specific Biden-Harris Administration actions. You can see the areas of inquiry and specific letters below: Financial Institutions Chairman Hill and Subcommittee Chairman Barr, along with the Members on the Subcommittee on…

Barr: The Best Consumer Protection Is Consumer Choice

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to examine the current regulatory and legal landscape for federal consumer financial protection, as well as the structure and funding of the Consumer Financial Protection Bureau (CFPB). Read Subcommittee Chair Barr’s opening remarks as…