Press Releases

House Committee on Financial Services Chairman French Hill (AR-02) and Republican Committee leaders sent a letter to Federal Deposit Insurance Corporation (FDIC) Chairman Travis Hill asking for more data related to deposit insurance reform.

In the letter, Republican Committee leaders request that the FDIC answer a series of questions on deposit insurance data so that Congress can better understand the current data available and the FDIC’s capacity to fully estimate the feasibility and impact of various proposals.

In addition to Chairman Hill, the letter was signed by: Committee Vice Chairman Bill Huizenga (MI-04); Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity Chairman Frank Lucas (OK-03); Subcommittee on Capital Markets Chairman Ann Wagner (MO-02); Subcommittee on Financial Institutions Chairman Andy Barr (KY-06); Subcommittee on National Security, Illicit Finance, and International Institutions Chairman Warren Davidson (OH-08); Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence Chairman Bryan Steil (WI-01); Subcommittee on Oversight and Investigations Chairman Dan Meuser (PA-09); and Subcommittee on Housing and Insurance Chairman Mike Flood (NE-01).

Read the full letter here.