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Financial Institutions Subcommittee Examines Structure of the CFPB

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The Subcommittee on Financial Institutions, led by Chairman Andy Barr (KY-06), held a hearing entitled, "A New Era for the CFPB: Balancing Power and Reprioritizing Consumer Protections." The hearing examined 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). Watch…

Chairman Hill: Our Capital Markets Should Work For Everyone

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing to examine the role of capital markets in fueling economic growth by supporting companies at various stages, while expanding investment opportunities for retail investors. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for…

HEARINGS NOTICE: House Financial Services Committee Schedule for April 2025

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Today, House Financial Services Committee Chairman French Hill (AR-02) announced the following Committee activity for April 2025: National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “Following the Money: Tools and Techniques to Combat Fraud” Time: 10:00 AM ET Date: Tuesday, April 1, 2025 Place: 2128 Rayburn House Office…

Chairman Hill Applauds Nomination of Michelle "Miki" Bowman to serve as Vice Chair for Supervision of the Federal Reserve

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House Financial Services Committee Chairman French Hill (AR-02) today released the following statement after current Federal Reserve Governor Michelle "Miki" Bowman was nominated to serve as Vice Chair for Supervision of the Board of Governors of the Federal Reserve System. Chairman Hill previously expressed his support for Bowman to fill the vacancy. “I applaud the nomination of Miki…

Chairman Hill: A Properly Regulated Stablecoin Market Can Strengthen the U.S. Dollar’s Dominance

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding a hearing to explore a federal framework for payment stablecoins, including examining the updated STABLE Act bill text, as well as the consequences of a Central Bank Digital Currency (CBDC) in the United States. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening…

Chairman Hill Applauds House Passage of Resolution to Overturn Harmful 'Broker Rule'

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House Financial Service Committee Chairman French Hill (AR-02) applauded the passage of H.J. Res 25, which would overturn the Biden Administration’s harmful 'Broker Rule' that stifles innovation in the digital asset ecosystem. "The Biden Administration’s controversial ‘Broker Rule’ is a clear example of government overreach that threatens to push American digital asset development…

Financial Services Committee Examines Legislation to Create A Framework for Payment Stablecoins

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The House Financial Services Committee, led by Chairman French Hill (AR-02), held a hearing entitled, "Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S. Central Bank Digital Currency." The hearing examined the promise of blockchain technology, specifically in payments with stablecoins and discussed how the Committee’s STABLE Act will impact…

Chairman Hill Statement on Executive Order Establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile

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House Financial Services Committee Chairman French Hill (AR-02) today released the following statement on President Trump’s Executive Order establishing a Strategic Bitcoin Reserve and United States Digital Asset Stockpile. “President Trump is committed to ensuring the U.S. remains a global leader in digital assets. It is critical we ensure proper accountability, accurate tracking, and a…

Hill, Steil, Wagner Encourage SEC to Remove Digital Asset Hurdles Put in Place by Biden Administration

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Today, House Financial Services Committee Chairman French Hill (AR-02),  Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Bryan Steil (WI-01), and Chairman of the Subcommittee on Capital Markets Ann Wagner (MO-02), sent a letter to Acting Chairman of the U.S. Securities and Exchange Commission (SEC), Mark Uyeda, encouraging the…

Chairman Hill's Opening Statement for First Markup of 119th Congress

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Today, the House Financial Services Committee, led by Chairman French Hill (AR-02), is holding its first legislative markup of the 119th Congress. Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as prepared for delivery: "Good morning and welcome to our first legislative markup of the 119th Congress. "I am eager to start our work. For these next…

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