LITTLE ROCK, AR – Incoming House Financial Services Committee Chairman French Hill (AR-02) today released the following statement after the Fifth Circuit Court of Appeals reinstated the reporting deadline for the Corporate Transparency Act (CTA) with a new due date of January 13, 2025, which reverses the nationwide pause that went into effect earlier this month. "I am deeply disappointed that smal... Read More »
WASHINGTON, D.C. – Incoming House Financial Services Committee Chairman French Hill (AR-02) today released the following statement after the Consumer Financial Protection Bureau (CFPB) announced their final rule on capping overdraft fees. "Incoming Senate Banking Committee Chairman Tim Scott and I were clear when we told federal agencies – including the CFPB - to put their ‘pens down’ and stop all... Read More »
WASHINGTON, D.C. – Rep. French Hill (AR-02) today released the following statement after the House passed H.R. 10545, the American Relief Act, 2025, which keeps our government funded through March 14, 2025. "I supported the American Relief Act to provide critical aid to our nation’s farmers, deliver much-needed disaster relief to hard-hit states by the recent devastating storms, and fund our gover... Read More »
WASHINGTON, D.C. – Incoming House Financial Services Committee Chairman French Hill (AR-02) today released the following statement to welcome the recently appointed Republican members to the House Financial Services Committee for the 119th Congress. “Our committee stands at the forefront of improving the lives of each and every American. Together, we have the opportunity to strengthen our nation’s... Read More »
WASHINGTON, D.C. - Rep. French Hill (AR-02) named the United States Department of Labor (DOL) as the latest recipient of his Golden Fleece Award for their uninvolved administration of the Bureau of Labor Statistics (BLS) after a year of fumbled public communications and data releases. Rep. Hill said, “This year, the Bureau of Labor Statistics has botched the release of two important data releases ... Read More »
WASHINGTON, D.C. – House Financial Services Committee Chairman, Patrick McHenry (NC-10), and the incoming Chairman and current Committee Vice Chairman, French Hill (AR-02), sent letters to the outgoing Biden Administration’s agencies and regulators under the Committee’s jurisdiction. After the American people delivered Republican control of the House, Senate, and White House in a stark rebuke of t... Read More »
WASHINGTON, D.C. – Rep. French Hill (R-AR), member of the AI Task Force in the House, today released the following statement after the AI Task Force released its report on Artificial Intelligence (AI), which includes guiding principles and policy proposals to ensure the responsible use of AI while tackling the concerns of the rapidly advancing technology. “The report released today by AI Task Forc... Read More »
Hill getting ready to wield gavel for House Financial Services Committee by Alex Thomas Arkansas Democrat-Gazette December 13, 2024 WASHINGTON -- U.S. Rep. French Hill's career has been building to a committee chairmanship. A former banker with public sector experience before entering the House of Representatives, the Republican from Little Rock finds himself preparing to lead the House Financial ... Read More »
WASHINGTON, D.C. – Rep. French Hill (AR-02) released the following statement after the Steering Committee elected him to be the next Chairman of the House Financial Services Committee. "I am humbled that my colleagues have placed their trust in me to lead the House Financial Services Committee as their next Chairman. It was a privilege to join my exceptional colleagues, Representatives Andy Barr, ... Read More »
WASHINGTON, D.C. – Rep. French Hill (AR-02) released the following statement after the House passed the Fiscal Year 2025 (FY25) National Defense Authorization Act (NDAA), which would bolster our national defense and take care of our service members and their families: “Today, I proudly stood with our brave men and women in uniform and their families to pass this crucial legislation. I am proud tha... Read More »
Arkansans eager over Syria's future following Assad's fall by Alex Thomas Arkansas Democrat-Gazette December 11, 2024 WASHINGTON -- As Syrian rebel forces reached Syria's capital Damascus on Sunday, ending the Assad family's 54-year rule of the Middle Eastern country, Arkansans following the matter felt a sense of excitement about the regime's downfall. President Bashir Assad and his government co... Read More »
WASHINGTON, D.C. – Rep. French Hill (AR-02) today released the following statement after the collapse of the Assad regime. “The world has witnessed what we knew all along – without Bashar al-Assad being propped up by Russia and Iran, he and his regime have no power. Through my years of extensive work in Congress to combat the Assad regime, I have seen firsthand the death and destruction Assad has ... Read More »
WASHINGTON, D.C. – Rep. French Hill (R-AR) and Rep. Brendan Boyle (D-PA), Co-Chairs of the Friends of a Free, Stable, and Democratic Syria Caucus in the House, issued the following statement after the collapse of dictator Bashar al-Assad's regime: “Bashar al-Assad has perpetrated one of the most horrific humanitarian crises of the 21st century. With the help of his fellow dictators in Russia and I... Read More »
Congress Can Make the Fed Focus on Inflation by Rep. French Hill (R-AR) and Rep. Byron Donalds (R-FL) December 3, 2024 Judy Shelton is right: “Trump Should Challenge the Fed’s Policies” (op-ed, Nov. 29). As President-elect Trump prepares for his second term, recalibrating the Federal Reserve’s focus to its core mission—price stability—should be at the top of Trump’s priority list. We are the autho... Read More »
WASHINGTON, D.C. – Rep. French Hill (AR-02) today released the following statement after the Eastern District of Texas issued a nationwide preliminary injunction against the enforcement of FinCEN’s burdensome - and potentially unconstitutional - reporting requirement as required by the Corporate Transparency Act (CTA) ahead of the January 1, 2025, deadline. “As a former entrepreneur and small busi... Read More »
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