Press Releases

Today, House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after the 2026 National Defense Authorization Act (NDAA) passed the U.S. House of Representatives:  

“Providing for our national defense is a top priority in Congress. I commend House Leadership and all the members of the House Financial Services Committee who contributed to this bill coming together,” said Chairman Hill. “Included in the final bill text is an extension of the Defense Production Act and provisions that deter Chinese aggression. Our Committee remains committed to safeguarding our nation’s defense on all the issues that intersect with our financial system.”

Further Background:

The following Financial Services Committee-specific provisions were included in the FY26 NDAA:

• Rep. Young Kim (R-CA) and Sen. Dave McCormick’s (R-PA) Taiwan Non-Discrimination Act.
• Key provisions from Subcommittee on Financial Institutions Chair Andy Barr’s (R-KY) Stop Chinese Fentanyl Act.
• A one-year extension of the Defense Production Act.
• A version of Chair Barr and Sen. John Cornyn's (R-TX) the FIGHT China Act of 2025.