In the News

Fed Has Considered Muni-Fund Purchases 09/18/2020 Financial Advisor As the Federal Reserve came under fire yesterday over administration of its Municipal Liquidity Facility, a Fed official confirmed that the central bank has evaluated the purchase of closed-end muni-bond funds to help stabilize the market. "I wouldn't want to go into too much detail in terms of the types of… Read more »

2 state congressmen join GOP pitch to take House 09/16/2020 Arkansas Democrat Gazette WASHINGTON -- As they battle to regain control in the House, Republican congressmen Tuesday unveiled what they're calling the Republican Commitment to America, a set of promises they've made as election day nears. U.S. Rep. French Hill of Little Rock and U.S. Rep. Bruce Westerman of Hot Springs… Read more »

Tillis, Hill commend SEC action to expand investment in private capital markets 08/31/2020 The Ripon Advance U.S. Sen. Thom Tillis (R-NC) and U.S. Rep. French Hill (R-AR) applauded recent action by the Securities and Exchange Commission (SEC) to modernize the definition of an accredited investor and open up the private capital markets to more American investors. “I want to thank… Read more »

News in brief 08/25/2020 Arkansas Democrat Gazette Arkansans to be part of investors forum U.S. Rep. French Hill, R-Ark., and a member of the House Financial Services Committee, and state Securities Commissioner Eric Munson will participate in a free, virtual investor education forum today. Robert Cook, president and chief executive officer of the Financial Industry… Read more »

Congressional APP Challenge 08/20/2020 Bonners Ferry Herald Representative Russ Fulcher has announced in a press release he will be hosting this year’s Congressional App Challenge for high school and middle school students in Idaho’s First District. Every year CAC challenges students to create and code original apps for a chance to win the challenge. Each winning app will be on… Read more »

The Problem With Big Numbers 08/17/2020 Arkansas Business Stop me if you’ve heard me say this before: The problem with big numbers is they lack natural context. We all have enough life experience to appreciate the difference between a $10 meal and a $50 meal or between a $20,000 car and a $50,000 car. But when numbers get big and a natural context is lacking, even accurate… Read more »

Capitol View for August 16, 2020 KARK 08/16/2020 LITTLE ROCK, Ark. — This week Mitch McCoy is joined by Representative French Hill to talk about the HELP act to help students transition to in-class learning during current times. Also on Capitol View Jessi Tunure joins to talk about the current political landscape. This and more of the current political headlines on Capitol View Read more »

Order saves jobs, Welspun says 08/15/2020 Arkansas Democrat Gazette Welspun Tubular LLC would have faced a major reduction in its Little Rock workforce had it not received a new order this week from TC Energy, Welspun's top American executive said Friday. More than 500 people work at Welspun's large-diameter pipe mill on a 740-acre site at the Port of Little Rock. The facility… Read more »

Order for Keystone Pipeline to Benefit Welspun Work in Little Rock 08/14/2020 Arkansas Business Welspun Tubular LLC of Little Rock announced Thursday that it has received an order from TC Energy that’s expected to keep 500 people working through at least 2021. The company did not disclose the value of the order, which was for more than 1 million feet in 36-inch line pipe for… Read more »

Federal Reserve Reveals Research Plans For Digital Dollar Forbes 08/13/2020 Federal Reserve Governor Lael Brainard provided a broad description of the Fed’s ongoing research and plans in the potential development of a U.S. central bank digital currency (CBDC), also described in the U.S. as a Digital Dollar. Brainard, who has for years led the discussion at the Fed on distributed… Read more »