Press Releases

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 »

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 »