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Financial Services Outlines Actions to be Rescinded, Modified, or Reproposed from the Biden-Harris Administration

| Posted in Press Releases

Chairman French Hill (AR-02) and House Committee on Financial Services members sent letters to agencies requesting the rescission, modification, or re-proposal of specific Biden-Harris Administration actions. You can see the areas of inquiry and specific letters below: Financial Institutions Chairman Hill and Subcommittee Chairman Barr, along with the Members on the Subcommittee on…

Washington Times: The golden age for stablecoins - Rep. Bryan Steil

| Posted in Member Corner

Digital assets have rapidly evolved and are quickly becoming cornerstones of the global economy. Today, approximately 65 million Americans own some form of cryptocurrency, including stablecoins. These assets change how consumers and institutions transact, invest and store value. The rise of decentralized finance platforms, blockchain technology and digital tokens has democratized the…

Hill, Wagner Commend SEC on Recent Rule Rollback, Encourage Commission to Review Further Harmful Rules

| Posted in Press Releases

Today, House Financial Services Committee Chairman French Hill (AR-02), Chairman of the Subcommittee on Capital Markets Ann Wagner (MO-02), and all Republican members of the Subcommittee on Capital Markets, sent a letter to Acting Chairman of the U.S. Securities and Exchange Commission (SEC) Mark Uyeda commending the Commission for its recent decision to rescind Staff Legal Bulletin (SLB)…

Hill, Wagner, Huizenga Praise SEC’s Decision to Abandon its Defense of Climate Disclosure Rules

| Posted in Press Releases

Today, Chairman French Hill (AR-02), Rep. Ann Wagner (MO-02), Chair of the Subcommittee on Capital Markets, and Rep. Bill Huizenga (MI-04), Vice Chair of the House Committee on Financial Services, applauded the U.S. Securities and Exchange Commission’s (SEC) decision to abandon its defense of the Enhancement and Standardization of Climate-Related Disclosures for Investors rules,…

Financial Services Committee Examines Policy Tools to Improve Capital Access

| Posted in Press Releases

Yesterday, the House Financial Services Committee, led by Chairman French Hill (AR-02), held a hearing entitled, "Beyond Silicon Valley: Expanding Access to Capital Across America." The hearing highlighted legislative and regulatory solutions to make our public markets more attractive, ensuring a more viable means of capital formation for companies that wish to grow. Members also…

Barr: The Best Consumer Protection Is Consumer Choice

| 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 examine 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). Read Subcommittee Chair Barr’s opening remarks as…

Financial Institutions Subcommittee Examines Structure of the CFPB

| Posted in Press Releases

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

| Posted in Press Releases

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

| Posted in Press Releases

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

| Posted in Press Releases

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…

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