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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
The House Financial Services Committee, led by Chairman French Hill (AR-02), is considering H.J. Res 59, Disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to ‘‘Overdraft Lending: Very Large Financial Institutions,” which comes following a final rule issued by the Consumer Financial Protection Bureau (CFPB) that effectively imposes government… Read more »
The House Financial Services Committee, led by Chairman French Hill (AR-02), today held the first full committee markup of the 119th Congress. The Committee favorably reported 11 bills to the full U.S. House of Representatives for consideration.
“To show our commitment to defending the U.S. and its allies against China, this markup included several bipartisan measures championed by… Read more »
Today, the House Financial Services Committee is holding a Monetary Policy, Treasury Market Resilience, and Economic Prosperity Task Force hearing, led by Task Force Chair Frank D. Lucas (OK-03), to explore monetary policy and economic opportunity.
Read Task Force Chair Lucas’ opening remarks as prepared for delivery:
"Welcome to the first hearing of the Task Force on Monetary Policy,… Read more »
