President Biden signed Rep. French Hill’s (AR-02) bill, H.R. 6899, the Russia and Belarus SDR Exchange Prohibition Act of 2022, into law today. This law will prohibit the Treasury Secretary from exchanging dollars for International Monetary Fund (IMF) Special Drawing Right (SDR) assets held by Russia or Belarus. Further, the law requires the Treasury Secretary to push IMF member countries… Read more »
Rep. French Hill (AR-02), House Financial Services Committee Republican Leader Patrick McHenry (NC-10), and all members of the Committee Republicans’ Digital Asset Working Group today sent a letter to Attorney General (AG) Merrick Garland requesting his assessment of whether legislation is necessary for a U.S. Central Bank Digital Currency (CBDC).
To read the full letter, click HERE.… Read more »
WASHINGTON, D.C. – Rep. French Hill (AR-02) released the following statement today after voting against H.R. 6833, the Continuing Appropriations and Ukraine Supplemental Appropriations Act, 2023:
“Here we are once again at the 11th hour voting on yet another temporary government spending bill. This is not a “clean” Continuing Resolution. It contains new spending and new policy that were… Read more »
The members of the Congressional Oversight Commission have published their twenty-ninth report. It is available for review HERE.
The Commission's twenty-eight previous reports are also available for review at the Congressional Oversight Commission’s website HERE.
The Congressional Oversight Commission is a five-person panel that was established by the CARES Act. The Commission… Read more »
Rep. French Hill (AR-02) introduced H.R. 8985, the Credit Access and Inclusion Act of 2022. The bill will allow public housing authorities, utility, and telecommunications companies to furnish payment information for things like utility bills and phone payments to credit reporting agencies to help consumers enhance their credit scores. Currently, it’s estimated that 26 million Americans… Read more »
WASHINGTON, D.C. – Rep. French Hill today announced that Maha Hafez Witherington and Amy Schexnayder have joined his staff. Maha will be serving in Rep. Hill’s Little Rock office as a District Representative and Amy will be serving in Rep. Hill’s Washington, D.C. office as a Staff Assistant.
“I am pleased to bring two Arkansans on board to help serve central Arkansans. Both Maha and… Read more »
WASHINGTON, D.C. – Today, the House of Representatives unanimously passed Rep. French Hill’s (AR-02) bill, H.R. 6080, the Ronald A. Robinson Act, by voice vote. Rep. Hill’s bill will name the Post Office on Kavanaugh Boulevard in Little Rock after Ronald A. Robinson, known to many as Ron Robinson, who served on the US Postal Service's Citizens’ Stamp Advisory Committee for 15… Read more »
WASHINGTON, D.C. – The U.S. Senate passed Rep. Hill’s H.R. 6899, the Russia and Belarus SDR Exchange Prohibition Act of 2022, yesterday by unanimous consent. This legislation will prohibit the Treasury Secretary from exchanging dollars for International Monetary Fund (IMF) Special Drawing Right (SDR) assets held by Russia or Belarus. Further, the bill would require the Secretary of… Read more »
Rep. French Hill (AR-02) introduced H.R.8918, the Federal Reserve Loss Transparency Act, in the U.S. House of Representatives. Senator Bill Hagerty (R-TN) has introduced a similar bill, S. 4889, in the U.S. Senate.
“This legislation is about restoring transparency and good governance at the Consumer Financial Protection Bureau (CFPB) and the Federal Reserve (the Fed).… Read more »
Reps. French Hill (AR-02) and Ted Deutch (FL-22), co-chairs of the Congressional Task Force on American Hostages and Americans Wrongfully Detained Abroad, released the following statement regarding the release of Mark Frerichs by the Taliban government in Afghanistan.
“We are thrilled that Mark Frerichs has been released after 31 months of captivity by the Taliban and will be… Read more »
