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Barr: Today We Will Explore A Series Of Topics That Focus On Promoting A Healthy Banking Industry For Institutions Of All Sizes

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to evaluate the Federal Deposit Insurance Corporation's (FDIC) resolution process for failed banks and explore reforms regarding several regulatory topics to support a healthy banking sector for institutions of all sizes. Read Subcommittee…

Davidson: Over Decades, The Bank Secrecy Act Has Morphed Into A Bloated Surveillance Machine

| Posted in Press Releases

Today, the the House Financial Services Committee is holding a National Security, Illicit Finance, and International Financial Institutions Subcommittee hearing, led by Subcommittee Chair Warren Davidson (OH-08), to examine the history of the Bank Secrecy Act and hear about FinCEN's operations and the status of the Beneficial Ownership reporting regime. Read Subcommittee Chair Davidson’s…

National Security Subcommittee Examines the Financial Crimes Enforcement Network’s Operations

| Posted in Press Releases

Today, the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Subcommittee Chair Warren Davidson (OH-08), hosted Financial Crimes Enforcement Network’s (FinCEN) Director Andrea Gacki to conduct oversight of the bureau’s authorities, operations, and the current status of the beneficial ownership reporting regime. On the need to reform…

Financial Institutions Subcommittee Explores Reforms to Improve the Health of Our Banking System

| Posted in Press Releases

Today, the Subcommittee on Financial Institutions, led by Subcommittee Chair Andy Barr (KY-06), held a hearing aimed at promoting a healthy banking industry for institutions of all sizes. This hearing continues the Committee’s work to advance its “Make Community Banking Great Again” agenda. On the need for a healthier and more competitive banking sector: “The current misalignment in…

Chairman Hill Applauds Enactment of Bipartisan Law to Curb Abusive Mortgage Data Practices

| Posted in Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after President Trump signed into law the bipartisan bill, H.R. 2808, Home Buyers Privacy Protection Act, authored by Committee members Rep. John Rose (TN-06) and Rep. Ritchie Torres (NY-15): “I’m pleased to see President Trump signed the bipartisan Homebuyers Privacy Protection Act into…

Rural America is primed for an entrepreneurial renaissance | Rep. Troy Downing

| Posted in Member Corner

Rural America is primed for an entrepreneurial renaissance | Rep. Troy Downing REP. TROY DOWNING Billings Gazette Rural America is primed for an entrepreneurial renaissance. A recent study ranked Montana as the state with the best opportunities for startups. Data from the Census Bureau and Bureau of Labor Statistics shows that the Treasure State boasts a strong 422 startups per 100,000…

Chairman Hill Leads Bipartisan Delegation to Europe

| Posted in Press Releases

From August 20-28, 2025, House Committee on Financial Services Chairman French Hill (R-AR) and Rep. Vicente Gonzalez (D-TX) led a delegation to Italy, Switzerland, and Germany. The purpose of the trip was to engage with leaders from both the public and private sector in financial services industry policy, regulatory oversight, and new product development. In each of the three countries,…

HEARINGS NOTICE: House Financial Services Committee Schedule for September 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 September 2025: National Security, Illicit Finance, and International Financial Institutions Subcommittee Hearing Entitled: “Evaluating the Financial Crimes Enforcement Network” …

Davidson: Reauthorizing the DPA Offers A Chance To Reset And Realign Its Authorities With Today’s Threats

| Posted in Press Releases

Today, the National Security, Illicit Finance, and International Institutions Subcommittee, led by Subcommittee Chair Warren Davidson (OH-08), is holding a field hearing titled "Securing the Supply Chain: The Defense Production Act in Focus," at the National Museum of the United States Air Force in Dayton, Ohio. Read Subcommittee Chair Davidson’s opening remarks as prepared for…

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