This week, several Republican Members of the House Financial Services Committee introduced various proposals to reform the U.S. deposit insurance framework.
Full Committee Chairman French Hill (AR-02) stated, “As Congress considers these and other proposals, the Committee will continue to work in a data-driven manner. Our guiding principles are to ensure stability of the banking… Read more »
Yesterday, the Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity, led by Chairman Frank Lucas (OK-03), held a hearing entitled, “Revisiting the Treasury-Fed Accord.” Members reviewed the purpose of the Treasury-Federal Reserve Accord of 1951 (Accord) and how this Accord became the standard approach in conducting modern central banking. Members also… Read more »
Today, the House Financial Services Committee is holding a Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity hearing, led by Task Force Chairman Frank Lucas Davidson (OK-03), to review the purpose of the Treasury-Fed Accord of 1951 and how it became the standard approach in conducting modern central banking.
Read Task Force Chairman Lucas' opening… Read more »
Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a markup of various bills that reaffirm the Committee's commitment to supporting American businesses and families.
Read Chairman Hill's remarks as prepared for delivery.
"Today, we will advance a series of bills aimed at strengthening our economy and supporting small… Read more »
Ahead of President Trump’s State of the Union Address, Financial Services Committee Republicans released a video outlining the real solutions the Committee has advanced to support President Trump’s agenda, strengthen the economy, and expand opportunity for the American people.
Click here to watch.
“The House Financial Services Committee has been laser focused on advancing… Read more »
The Monetary Policy and Trade Subcommittee held a hearing today to examine the Administration’s use of economic sanctions to achieve foreign policy objectives with respect to Iran, North Korea, Russia, and other countries of strategic importance.
“Today’s hearing focused on the effectiveness of U.S. sanctions, while emphasizing the importance of applying maximum pressure on certain rogue… Read more »
The Monetary Policy and Trade Subcommittee held a hearing today to evaluate the operations of both the U.S. Mint and the Bureau of Engraving and Printing (BEP) and their role in producing U.S. currency, both now and in the future.
“It is the responsibility of Congress to provide oversight of the U.S. Bureau of Engraving and Printing and the U.S. Mint. With new and disruptive products… Read more »
The Monetary Policy and Trade Subcommittee met today to examine the extent to which the United States government should consider cryptocurrencies as money, and their potential effect on domestic and foreign economies. The Subcommittee also evaluated the merits of any uses by central banks of cryptocurrencies to better understand the future of both digital currencies and physical cash.… Read more »
Financial Services Committee Chairman Jeb Hensarling (R-TX) delivered the following opening statement at today’s Monetary Policy and Trade Subcommittee hearing on the implications of U.S. aircraft sales to Iran:
“For the past year, this committee’s bipartisan Task Force on Terrorism Financing has done excellent work shedding light on sources of terror financing and offering… Read more »
WASHINGTON – By paying Federal Reserve member banks above-market interest on reserves, the Fed may be distorting investment decisions and weakening the economy’s performance, several witnesses told the Monetary Policy and Trade Subcommittee at a hearing on Tuesday.
“Almost seven years old, the Fed’s colossal and distortionary balance sheet shows no sign of shrinking. We will not fully… Read more »
