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Congressman French Hill

Representing the 2nd District of Arkansas

Financial Services

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More on Financial Services

February 15, 2018 Press Release

WASHINGTON –Congressman French Hill, Majority Whip of the House Financial Services Committee, issued the following statement, criticizing Fannie Mae’s and Freddie Mac’s request for a $4 billion bailout from the U.S. Department of the Treasury, and calling for Federal Housing Finance Agency (FHFA) Director Mel Watt to suspend payments to the Housing Trust Fund.  

February 14, 2018 Press Release

WASHINGTON – Today, Congressman French Hill (AR-02) issued the following statement after the House passed his bill, the TRID Improvement Act, by a vote of 271-145:

January 18, 2018 Press Release

WASHINGTON – Congressman French Hill (AR-02) issued the following statement after supporting the World Bank Accountability Act:

January 12, 2018 Press Release

WASHINGTON – Today, Congressman French Hill (AR-02) introduced the Volcker Rule Regulatory Harmonization Act of 2018, H.R. 4790, to increase enhanced coordination among the federal banking regulatory agencies as it relates to the Volcker Rule. Congressman Hill, the Majority Whip of the House Committee on Financial Services, issued the following statement:

December 21, 2017 Press Release

WASHINGTON - This morning, the Federal Housing Finance Agency (FHFA) and the U.S. Treasury Department announced an agreement that deprives taxpayers of the compensation they are entitled to under the current conservatorships of Fannie Mae and Freddie Mac – both Government-Sponsored Enterprises (GSEs). 

December 19, 2017 Press Release

WASHINGTON – Congressman French Hill (AR-02) issued the following statement after supporting H.R. 3312, the Systemic Risk Designation Improvement Act of 2017:

December 14, 2017 Press Release

WASHINGTON – Congressman French Hill (AR-02) issued the following statement after supporting two pieces of legislation to provide stronger oversight over Iran’s financial transactions in an effort to stop Iran’s sponsorship of terrorism:

December 11, 2017 Press Release

WASHINGTON – Congressman French Hill (AR-02) introduced H.R. 4560, the GSE Jumpstart Reauthorization Act of 2017.

This legislation would extend an existing prohibition while preventing the U.S. Treasury Department from selling its Government-Sponsored Enterprise (GSE) preferred shares. It also would require the GSEs to pay dividends to the Treasury Department prior to making payments to the Housing Trust Fund for that year.

December 5, 2017 Press Release

WASHINGTON – Today, Congressman French Hill (AR-02) introduced the Community Bank Access to Capital Act of 2017, which further increases the ability of community banks in Arkansas and across the Nation to extend credit to hardworking Arkansans and Americans. Rep. Hill issued the following statement:

December 1, 2017 Press Release

WASHINGTON – Congressman French Hill (AR-02) issued the following statement after supporting bipartisan legislation to help provide Americans with affordable housing options: