Full Committee

Following the Committee’s recent hearing examining the current landscape of community banking in the United States, the House Financial Services Committee is requesting feedback from the public on its “Make Community Banking Great Again”… Read more »

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,… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

House Financial Services Committee Chairman French Hill (AR-02) today released the following statement after Treasury Secretary Scott Bessent was named Acting Director of the Consumer Financial Protection Bureau (CFPB). “I applaud the selection of Treasury Secretary Scott Bessent as Acting Director of the CFPB. Former Director Chopra’s repeated regulatory overreach wreaked havoc on our… Read more »

House Financial Services Committee Chairman French Hill (AR-02) today released the following statement after Scott Bessent was confirmed to be the next Secretary of the Treasury. “I congratulate Scott Bessent on his confirmation to be our next Treasury Secretary,” said Chairman Hill. “Bessent’s wealth of experience in the private sector has prepared him with deep knowledge of U.S.… Read more »