Press Releases

Yesterday, Rep. French Hill (AR-02) joined Hudson Institute Distinguished Fellow Ken Weinstein for a virtual conversation titled “How Can the World Bank and IMF Assist Ukraine?” Over 30 years ago, President George H.W. Bush tasked Rep. Hill with leading the design of U.S. technical assistance to the emerging economies of Eastern and Central Europe in the areas of banking and securities… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »

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… Read more »