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Hill, Thompson, Steil, and Johnson Release Digital Asset Market Structure Discussion Draft

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House Committee on Financial Services Chairman French Hill (AR-02), House Committee on Agriculture Chairman G.T. Thompson (PA-15), House Committee on Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chair Bryan Steil (WI-01), and House Committee on Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development Chair…

Chairman Hill: This Committee Will Do Its Part To Reduce The Deficit And Decrease Direct Spending

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Today, House Financial Services Committee Chairman French Hill (AR-02) delivered the following statement, as prepared for delivery, at today's reconciliation markup. Watch Chairman Hill’s opening remarks here. "Good morning, thank you all for joining us today. "Today, we are undertaking the work assigned to us under the budget resolution that Congress adopted earlier this…

ICYMI: Chairman Hill Joins Crypto in America Podcast

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House Financial Services Committee Chairman French Hill (AR-02) joined the Crypto in America podcast to provide an update on market structure legislation, the Committee’s payment stablecoin bill, and more. View the full podcast here. Key Excerpts: On what crypto means for the American financial system: “[Crypto in America] means the future of payments, it means the future of…

Financial Services Committee Advances Reconciliation Provisions to Support President Trump’s Agenda

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Today, the House Committee on Financial Services, led by Chairman French Hill (AR-02,) advanced its budget reconciliation provisions. Under the Concurrent Budget Resolution, the Committee was instructed to reduce the federal deficit by no less than $1 billion. “Today, the Committee delivered on President Trump's request to rein in the federal government's spending. The Committee…

Wagner: Our Capital Markets Work Best When Participants Are Guided By Economic Rationale, Not Political Pressure

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Today, the House Financial Services Committee is holding a Capital Markets Subcommittee hearing, led by Subcommittee Chair Ann Wagner (MO-02), to examine the role and influence of proxy advisor firms, particularly Institutional Shareholder Services (ISS) and Glass Lewis, in shaping corporate governance and shareholder voting outcomes. Read Subcommittee Chair Wagner’s opening remarks as…

Barr: Community Banks Are The Lifeblood Of Local Economies

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Today, the House Financial Services Committee is holding a Financial Institutions Subcommittee hearing, led by Subcommittee Chair Andy Barr (KY-06), to explore reforms to increase accountability in bank supervision and enhance interagency coordination. Read Subcommittee Chair Barr’s opening remarks as prepared for delivery: "I want to thank our witnesses for being here today for the…

Capital Markets Subcommittee Examines Market Influence by Proxy Advisory Firms

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Today, the Subcommittee on Capital Markets, led by Chair Ann Wagner (MO-02), held a hearing entitled, "Exposing the Proxy Advisory Cartel: How ISS & Glass Lewis Influence Markets." This hearing examined the role and influence of proxy advisory firms, with a focus on Institutional Shareholder Service (ISS) and Glass Lewis, in shaping corporate governance and shareholder voting…

Financial Institutions Subcommittee Reviews Regulatory Overreach

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Today, the Subcommittee on Financial Institutions, led by Chairman Andy Barr (KY-06), held a hearing entitled, "Regulatory Overreach: The Price Tag on American Prosperity." This hearing focused on promoting regulatory fairness, transparency, and appropriately scaled oversight within the financial system. Members explored reforms to increase accountability in bank supervision and…

HEARINGS NOTICE: House Financial Services Committee Schedule for May 2025

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Today, House Financial Services Committee Chairman French Hill (AR-02) announced the following Committee activity for May 2025: Joint House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence & House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development Hearing Entitled: American Innovation and the Future…

Steil: We Have The Opportunity To Correct Course And Make The United States The Epicenter Of The Digital Asset Ecosystem

| Posted in Press Releases

Today, the House Financial Services Committee is holding a Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee hearing, led by Subcommittee Chairman Bryan Steil (WI-01), to explore which digital asset activities implicate U.S. securities law, why current regulations may not apply, and how Congress can take legislative action to address these challenges. Read…

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