Press Releases

Yesterday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), held a full committee markup. The Committee successfully reported 8 bills to support small businesses, provide more oversight to HUD, protect the privacy of homebuyers, and establish a regulatory framework for digital assets in the United States, to the full U.S. House of Representatives for consideration.

"This markup covers a wide range of bipartisan priorities: leveling the playing field for smaller financial institutions, improving housing, modernizing crowdfunding exemptions, and continuing our work to bring clarity to the digital asset ecosystem. …Each bill considered is aimed at reducing barriers, empowering communities, strengthening accountability, and ultimately will pay dividends for the American people,” said Chairman Hill.

Legislation considered during the markup:

• H.R. 3633, the CLARITY Act, sponsored by Chairman French Hill, passed 32-19.

o Watch Chairman Hill’s remarks here.

• H.R. 2808, the Homebuyers Privacy Protection Act, sponsored by Rep. John Rose (TN-06), passed 46-0.

o Watch Rep. Rose’s remarks here.

• H.R. 2835, the Small Bank Holding Company Relief Act, sponsored by Rep. Byron Donalds (FL-19), passed 30-20.

o Watch Rep. Donalds’ remarks here.

• H.R. 3672, the Securities Research Modification Act, sponsored by Rep. Roger Williams (TX-25), passed 31-19.

o Watch Rep. Williams’ remarks here.

• H.R. 3645, the Amendment for Crowdfunding Capital Enhancement and Small-business Support (ACCESS) Act, sponsored by Rep. Dan Meuser (PA-09), passed 51-0.

o Watch Rep. Meuser’s remarks here.

• H.R. 225, the HUD Transparency Act, sponsored by Rep. Monica De La Cruz (TX-15), passed 50-1.

o Watch Rep. De La Cruz’s remarks here.

• H.R. 3709, the Mentor Protégé Program for Small Financial Institutions Act, sponsored by Rep. Joyce Beatty (OH-03), passed 50-1.

• H.R. 3716, the Systemic Risk Authority Transparency Act, sponsored by Rep. Al Green (TX-09), passed 51-0.