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Chairman Hill: Today’s Hearing Is Based On The Idea That Beating China Means Doubling Down On Our Strengths

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing entitled "Examining Policies to Counter China." Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "I want to welcome our Members to this hearing on China, and I look forward to our witnesses’ testimony. "Everyone in this…

HEARINGS NOTICE: House Financial Services Committee Schedule for March 2025

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Today, House Financial Services Committee Chairman French Hill (AR-02) announced the following hearings and markup for March 2025: Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force Hearing Entitled: “Examining Monetary Policy and Economic Opportunity” Time: 10:00 AM ET Date: Tuesday, March 4, 2025 Place: 2128 Rayburn House Office Building Housing and…

ICYMI: Financial Services Committee Presses Fed Chair Powell on Inflation, Monetary Policy, and Fed Independence

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Earlier this week, the House Financial Services Committee, led by Chairman French Hill (AR-02), held a hearing with Federal Reserve Chairman Jerome Powell reviewing the Federal Reserve’s Semi-Annual Monetary Policy Report. Committee members pressed Chairman Powell on being too deferential to the statutory Vice Chair of Supervision under the Biden-Harris Administration, monetary policy,…

Hill, Scott Lead Effort to Roll Back Biden-Era CFPB Overdraft Rule

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Today, House Financial Service Committee Chairman French Hill (R-AR) and Senate Banking Committee Chairman Tim Scott (R-SC) introduced Congressional Review Act (CRA) resolutions to overturn the Biden Administration’s Consumer Financial Protection Bureau’s (CFPB) final rule capping overdraft fees at banks and credit unions. The committee leaders cited the rule’s impact on access to…

Chairman Hill Expresses Deep Dismay for Midnight Rulemakings by Biden-Harris Administration on House Floor

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Today, House Financial Services Committee Chairman French Hill (AR-02) delivered remarks on the House floor to express his deep dismay for all rulemakings by the Consumer Financial Protection Bureau (CFPB) at the end of the Biden-Harris Administration. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: “I come to the House…

Chairman Hill, Ranking Member Waters Host Bipartisan Roundtable on California Wildfires

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Today, House Financial Services Committee Chairman French Hill (AR-02) and Ranking Member Maxine Waters (CA-43) issued the following statement after hosting a bipartisan California Wildfires Roundtable: “The Committee held a productive, bipartisan roundtable discussion on the devastating California wildfires where Members heard about the impacts of the disaster and came together to…

Six House Financial Services Committee Bills Pass the House

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Today, the House of Representatives overwhelmingly passed six bipartisan bills from the House Financial Services Committee. Cumulatively, these bills support small businesses, make it easier for our nation’s veterans to gain housing, provide regulatory relief to credit unions, and hold China accountable. H.R. 224 – Disabled Veterans Housing Support Act, sponsored by Rep. Monica De…

Chairman Hill: We Can Work Together on Commonsense Reforms That Will Allow Community Banks to Thrive Again

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing to examine the current landscape of community banking in the United States, including how community banks serve as the lifeblood for many local communities. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "Welcome to…

In First Full Committee Hearing, Financial Services Examines Opportunities to Make Community Banking Great Again

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), held a hearing examining the current landscape of community banking in the United States, including how community banks serve as the lifeblood for many local communities. “Community banks know their communities best and research shows that when they close their doors, Americans suffer. Right now, our…