ICYMI: Reps. Hill & Donalds “Congress should reassess the Fed’s dual mandate and focus exclusively on inflation”

| Posted in Press Releases

In an op-ed in The Hill, Rep. French Hill (AR-02) and Rep. Byron Donalds (FL-19) outlined their concerns with inflation and encouraged Congress to reassess the Federal Reserve’s dual mandate and consider a single mandate focused on the issue of price stability to contain inflation. Rep. Hill and Rep. Donalds point to their legislation, H.R. 7209, the Price Stability Act, which…

RELEASE: Rep. Hill “Putin must be held accountable for his war crimes”

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WASHINGTON, D.C. – Rep. French Hill (AR-02) issued the following statement after the House of Representatives passed H.R. 7276, the Ukraine Invasion War Crimes Deterrence and Accountability Act, by a bipartisan vote of 418-7. “The world is now witness to what the Ukrainians have been telling us since Russia’s illegal war on Ukraine began – that Russians are indiscriminately…

RELEASE: CONGRESSIONAL OVERSIGHT COMMISSION PUBLISHES TWENTY-THIRD REPORT

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Congressional Oversight Commission

The members of the Congressional Oversight Commission have published their twenty-third report. It is available for review HERE. The Commission's twenty-two previous reports are also available for review at the Congressional Oversight Commission’s website HERE. The Commission reiterated in this month’s report its concerns regarding the Treasury’s process for certifying Yellow as…

RELEASE: REP. HILL INTRODUCES BILL TO PROTECT RURAL RENTERS IN ARKANSAS AND ACROSS U.S.

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French Fave Headshot

WASHINGTON, DC – Today, Rep. French Hill (AR-02), Ranking Member of the Housing Community Development, and Insurance Subcommittee on the House Financial Services Committee, introduced the “Protecting Rural Renters Act” to prohibit the Treasury Department from taking Emergency Rental Assistance (ERA) funds away from rural America and redirecting them to big cities. “Today, the Biden…

RELEASE: Rep. Hill Statement on President Biden's Proposed Budget for FY 2023

| Posted in Press Releases

WASHINGTON, D.C. – Rep. Hill (AR-02) issued the following statement today, following the release of President Biden’s proposed budget for Fiscal Year 2023:   “In the midst of economic uncertainty and inflation at a 40-year high, President Biden proposed a budget for 2023 that doubles down on what he and the Democrats know best: when out of ideas, just spend. Further…

RELEASE: Reps. Hill, Donalds Introduce Bill to Focus Federal Reserve on Curbing Inflation

| Posted in Press Releases

Rep. French Hill (AR-02) and Rep. Byron Donalds (FL-19) introduced H.R. 7209, the Price Stability Act to end the Federal Reserve’s dual mandate and ensure that the central bank focuses its efforts exclusively on containing inflation. The bill’s introduction comes on the heels of February’s Consumer Price Index report indicating that prices have gone up 7.9 percent over the last…

#ICYMI: Rep. Hill’s Bill to Freeze Russia, Belarus out of Future IMF Financing Passes Committee

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The House Financial Services Committee today passed Rep. French Hill’s (AR-02), H.R. 6899, the Russia and Belarus SDR Exchange Prohibition Act of 2022. This legislation would prohibit the Treasury Secretary from exchanging dollars for IMF Special Drawing Right assets held by Russia or Belarus, and would require the Secretary to push IMF member countries to deny these transactions as…

RELEASE: REP. HILL STATEMENT ON PRESIDENT ZELENSKY’S ADDRESS TO CONGRESS

| Posted in Press Releases

REP. HILL STATEMENT ON PRESIDENT ZELENSKY’S ADDRESS TO CONGRESS WASHINGTON, D.C. – Rep. French Hill (AR-02) issued the following statement after Ukrainian President Volodymyr Zelensky’s Congressional Address: “President Zelensky’s message this morning was heard loud and clear by the Members of Congress present in the Capitol. To President Zelensky and the Ukrainians bravely…

RELEASE: Rep. Hill Votes to Strengthen C-130s, Bolster National Defense, and Support Allies Around the Globe

| Posted in Press Releases

Rep. French Hill (AR-02) issued the following statement after voting yes on the Security Division of the Consolidated Appropriations Act for FY 2022 and no on the non-Security Division of the Consolidated Appropriations Act. “Once again, House Democrats left funding the federal government to the last minute – severely impairing not only the ability of federal agencies to plan and adapt…

RELEASE: Hill, Adams Resolution Condemning Bomb Threats at HBCUs Passes House 418-0

| Posted in Press Releases

Today, the House of Representatives passed a bipartisan resolution introduced by Rep. French Hill (AR-02) and Rep. Alma Adams (NC-12) titled, H.Con.Res 70, Condemning threats of violence against historically Black colleges and universities (HBCUs) and reaffirming support for HBCUs and their students. “HBCUs are integral parts of our communities and for thousands of students in Arkansas…

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