Skip to Content

Financial Services Committee Look Ahead: "Crypto Week"

| Posted in Press Releases

Next week is "Crypto Week" in the U.S. House of Representatives. The House will consider the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. The CLARITY Act establishes clear, functional requirements for digital asset market participants, prioritizing consumer protection while fostering innovation. More…

Chairman Hill Applauds Passage of Reconciliation Package

| Posted in Press Releases

Today, the U.S. House of Representatives passed the Senate Amendment to H.R. 1 – One Big Beautiful Bill Act. House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement: “The American people voted for fiscal responsibility and change. Passage of President Trump’s ‘One, Big, Beautiful Bill’ follows through on that directive and begins the process of…

House Announces Week of July 14th as “Crypto Week”

| Posted in Press Releases

Today, House Committee on Financial Services Chairman French Hill (AR-02), House Committee on Agriculture Chairman GT Thompson (PA-15), and House Leadership announced that the week of July 14th will be “Crypto Week.” The House of Representatives looks forward to considering the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act as part of Congress’ efforts to…

Chairman Hill Applauds World Bank Group and IAEA Nuclear Agreement

| Posted in Press Releases

This morning, the World Bank Group and the International Atomic Energy Agency (IAEA) formalized an agreement to support the deployment of nuclear energy in developing countries. This partnership represents the World Bank Group’s first reengagement with nuclear power in decades and signals a major step forward in expanding access to reliable energy across the globe. House Committee on…

HEARINGS NOTICE: House Financial Services Committee Schedule for July 2025

| Posted in Press Releases

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…

Chairman Hill: We Can Fight To Open Markets And Break Down Non-Tariff Barriers While Achieving Solid Economic Growth

| Posted in Press Releases

Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding the Federal Reserve’s Semi-Annual Monetary Policy Report hearing. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "Good morning. I want to thank Chairman Powell for joining us today. "We appreciate your time and look forward to…

Financial Services Committee Hosts Fed Chair Jerome Powell

| Posted in Press Releases

Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02), hosted Federal Reserve Chairman Jerome Powell to give an update on the Federal Reserve’s monetary policy outlook. On the strength of the economy: “Four months into the Trump Administration, American workers and taxpayers are already benefitting from a strong, resilient economy. The Fed has noted that…

Ten Financial Services Committee Bills Pass the House

| Posted in Press Releases

Today, the House of Representatives overwhelmingly passed six bipartisan bills from the House Financial Services Committee. Cumulatively, these bills support small businesses, expand access to capital, protect homebuyers, and more. H.R. 3394 – Fair Investment Opportunities for Professional Experts Act, sponsored by Chairman French Hill (AR-02), passed the House by a bipartisan vote…

Chairman Hill Applauds President Trump for Signing CRA to Reverse Biden-era Bank Merger Rule

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Trump signed S.J. Res. 13 into law yesterday. “I applaud President Trump signing S.J. Res. 13 into law and reversing a Biden-era OCC rule that imposed burdensome standards on bank mergers. Small banks depend on mergers to grow, innovate, and better serve their communities.…

Chairman Hill Statement on Senate Passage of GENIUS Act

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement following Senate passage of the GENIUS Act: "Clear rules of the road for stablecoins are long overdue, and today we’re one step closer to creating a functional regulatory framework. I applaud the Senate’s passage of the GENIUS Act and the work of Chairman Scott, Senator Hagerty, and Senator…