Facebook’s currency plan makes fintech a tough sell in Congress

| Posted in In the News

Facebook’s currency plan makes fintech a tough sell in Congress   Roll Call 07/30/2019 Some members are conflating disdain for Facebook with other, more vital fintech innovation, Schweikert says Members of Congress who support the development of new financial technologies say their job might have gotten tougher after Facebook announced its plan to issue a…

$10.5M grant to aid in Arkansas rail line's restoration

| Posted in In the News

$10.5M grant to aid in Arkansas rail line's restoration By ADG WASHINGTON -- The U.S. Department of Transportation is awarding a $10.5 million grant to help pay for the Southeast Arkansas and Northeast Louisiana Multimodal Freight Corridor Improvement Project, officials from both states announced earlier this month. Transportation…

Budget bill splits Arkansans: Westerman, Crawford among Republicans in opposition

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Budget bill splits Arkansans: Westerman, Crawford among Republicans in opposition   July 26, 2019 Arkansas Democrat Gazette  WASHINGTON -- Members of Arkansas' all-Republican House delegation split Thursday over whether to support the Bipartisan Budget Act of 2019, which lifts spending $320 billion above existing law over the next two years. U.S. Rep. Steve Womack of…

Mueller Testimony, Rep. French Hill, Rep. Cicilline

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Mueller Testimony, Rep. French Hill, Rep. Cicilline [Listen] By Bloomberg Bloomberg Chief Washington Correspondent Kevin Cirilli delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Panel guests include: Ryan Williams, Republican Strategist & Executive…

Beneficial Ownership Data Needn’t Oppress

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Beneficial Ownership Data Needn’t Oppress By French Hill in the Wall Street Journal Letter to the Editor: Thank you for your recent editorial, A New Small Business Burden, highlighting the unintended consequences of a new beneficial ownership bill moving through the House. I’ve been speaking out about this legislation, called the Corporate Transparency Act, for quite some time. I…

Trump could solve many of our problems by focusing on the Western Hemisphere

| Posted in In the News

Trump could solve many of our problems by focusing on the Western Hemisphere By French Hill in The Dallas Morning News Shortly after his inauguration, I encouraged President Donald Trump to maintain the longstanding principal of President James Monroe's "Monroe Doctrine" when considering the Western Hemisphere. Our fifth president's policy served as a key foundation of U.S. foreign…

Facebook Continues to Face Intense Congressional Scrutiny at House Financial Service Committee Hearing

| Posted in In the News

Facebook Continues to Face Intense Congressional Scrutiny at House Financial Service Committee Hearing By Broadband Breakfast WASHINGTON, July 17, 2019 - Facebook’s digital currency platform Calibra continues to be the focus of intense congressional scrutiny. On Wednesday, it was from the House Committee on Financial Services. Chairman Patrick McHenry, R-N.C., said the committee wanted…

Federal banking regulators adopt final rule to exclude community banks from Volcker Rule

| Posted in In the News

Federal banking regulators adopt final rule to exclude community banks from Volcker Rule By TB&P Five federal financial regulatory agencies announced on Tuesday (July 9) that they adopted a final rule to exclude community banks from the so-called Volcker Rule, which restricts banking institutions from engaging in certain proprietary trading and having certain relationships with…

Conductor expands reach with help of $500,000 award

| Posted in In the News

Conductor expands reach with help of $500,000 award Thecabin.net 07/08/2019 Representatives from the Conductor, a local organization that drives innovation, entrepreneurship and economic empowerment, had the chance to speak with Congressman French Hill about its footprint during a meeting June 28. During the meeting, CEO Kim Lane met with a variety of stakeholders from Searcy to…

Hill seeks revamp of Social Security Disability Insurance benefits

| Posted in In the News

Hill seeks revamp of Social Security Disability Insurance benefits By The Ripon Advance U.S. Rep. French Hill (R-AR) on June 27 sponsored a bicameral bill to modernize Social Security Disability Insurance (SSDI) benefits. “To ensure that SSDI supports those who need it most and promotes work for those willing and able,” Rep. Hill said, “SSDI reforms are desperately needed.” The…

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