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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
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… Read more »
Today, the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, led by Chairman Bryan Steil (WI-01), held a hearing entitled, "American Innovation and the Future of Digital Assets Aligning the U.S. Securities Laws for the Digital Age." This hearing examined the significant legal uncertainty surrounding the application of securities laws to digital… Read more »
