In the News

Policy Makers Examine the Disparate Impact Risk of Artificial Intelligence and Underwriting By Lexology Policy makers are showing increasing concern in the fair lending implications of artificial intelligence (AI) in credit underwriting. The concerns surrounding AI echo views on credit scoring and automated underwriting systems when they were first deployed decades ago. Congress and… Read more »

Arkansas teen artists win display space at Capitol Hill tunnel art gallery Arkansas Democrat Gazette 07/01/2019 WASHINGTON -- Four young Arkansans have claimed spots in a well-traveled Capitol Hill art gallery -- the tunnelway linking the House chambers to the House office buildings. Their creations, along with pieces by hundreds of other creative teenagers, will remain on… Read more »

Marco Rubio: Tom Cotton’s Return to Work Act Will Save Social Security Disability Insurance From Bankruptcy Florida Daily 07/01/2019 U.S. Sen. Marco Rubio, R-Fla., is pairing up with U.S. Sen. Tom Cotton, R-Ark., on a bill they insist “would save Social Security Disability Insurance from bankruptcy.” Last week, Cotton introduced the “Return to Work Act” with Rubio as a… Read more »

Hill leads new bipartisan AI task force on mission to foster innovation in financial sector By The Ripon Advance The simulation of human intelligence processes by computer systems is not without both benefits and challenges, said U.S. Rep. French Hill (R-AR), ranking member of the U.S. House Financial Services Committee Task Force on Artificial Intelligence (AI), during its first… Read more »

US Lawmakers Question Terrorist Use of Facebook Cryptocurrency Coindesk 06/27/2019 Members of the U.S. House of Representatives questioned Financial Crime Enforcement Network (FinCEN) director Kenneth Blanco about Facebook’s planned cryptocurrency Thursday. Representatives Emanuel Cleaver, II (D-MO), Trey Hollingsworth (R-IN), Bill Foster (D-IL) and French Hill (R-AR) held a… Read more »

House Financial Services A.I. Task Force Mulls Virtual Hearings  Bloomberg 06/21/2019 A House task force on artificial intelligence has some high tech plans of its own. The task force hopes to mix traditional hearings with virtual field hearings featuring technologists, entrepreneurs and other experts from across the country. Don’t expect the focus to be on C Suite… Read more »

Arkansas legislators announce FEMA disaster recovery centers NWA 06/20/2019 Arkansas’ legislators announced FEMA Disaster Recovery Centers. U.S. Senators John Boozman and Tom Cotton, along with Congressmen Rick Crawford, French Hill, Steve Womack and Bruce Westerman, announced that Federal Emergency Management Agency (FEMA) Disaster Recovery Centers will open in Arkansas. The… Read more »

Rep. Hill hosts bankers meeting on Dodd-Frank, marijuana impact By TB&P Rep. French Hill hosted an all-day discussion Monday (June 17) at the local offices of the Arkansas Bankers Association (ABA) to hear concerns about key legislative and regulatory issues facing Arkansas’ financial and banking community. Hill, a former Little Rock banking executive and ranking Republican… Read more »

U.S. Labor Chief Acosta visits Little Rock to push USMCA trade deal Talk Business and Politics 06/17/2019 U.S. Labor Secretary Alexander Acosta told more than 100 state and local officials in Little Rock on Monday (June 17) that congressional approval of the Trump administration’s U.S.-Mexico-Canada Trade pact (USMCA) is paramount for the continued growth of U.S. jobs. Acosta made… Read more »

C&H Hog Farms takes state buyout; $6.2M deal cut to preserve Buffalo River By ADG C&H Hog Farms, the subject of yearslong environmental concerns, will close its doors later this year under a $6.2 million buyout agreement reached with Arkansas Gov. Asa Hutchinson and Department of Arkansas Heritage Director Stacy Hurst. The large-scale hog farm that sits within the watershed of… Read more »