Press Releases

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 »

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… Read more »

On the heels of a bicameral letter urging U.S. Treasury Secretary Yellen to get International Monetary Fund (IMF) countries to block Russian access to further IMF financing, Rep. French Hill (AR-02) today introduced the Russia and Belarus Special Drawing Right (SDR) Exchange Prohibition Act as part of a package of bills House Financial Services Committee Republicans introduced today to… Read more »

WASHINGTON, D.C. – Rep. French Hill (AR-02) today issued the following statement after President Joe Biden’s State of the Union address: “On the 405th day of his presidency, Joe Biden came to Congress to convince us that the state of our union is strong – I was not convinced. Like many central Arkansans, I listened closely to President Biden’s speech looking for inspiration and solutions… Read more »

The members of the Congressional Oversight Commission have published their twenty-second report. It is available for review HERE. The Commission's twenty-one 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 »

U.S. Rep. French Hill (AR-02) joined Member of Parliament for Gillingham & Rainham, Rehman Chishti in an opinion piece featured in The Times Redbox urging the International Monetary Fund (IMF) to review its rules regarding allocations of Special Drawing Rights (SDRs). Last year, the IMF issued $650 billion worth of SDRs, with Russia receiving a staggering $17.5 billion. Some have… Read more »

Rep. French Hill (AR-02) and Senator Bill Hagerty (R-TN), along with 39 other members of the House and Senate, today sent a letter urging U.S. Treasury Secretary Janet Yellen to get International Monetary Fund member countries to not facilitate any exchange of Russia’s Special Drawing Rights (SDRS). The full text of the letter is available HERE and below: We write today to urge the… Read more »

Rep. French Hill (AR-02) and Rep. Steve Cohen (TN-09) recently introduced the bipartisan, H.R. 6775 Protecting American Business from Foreign Adversaries Act. This legislation will protect American business and security interests by requiring foreign business entities to assign and register an agent with the Department of Commerce as a prerequisite to doing business in the United… Read more »