Today, the U.S. House of Representatives passed H.R. 1090, the Retail Investor Protection Act, a bill that would halt the U.S. Department of Labor’s (DOL) proposed fiduciary rule and require it to defer to the expertise of the Securities and Exchange Commission (SEC)...
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Today, Congressman French Hill (AR-2) released the following statement after President Barack Obama vetoed the National Defense Authorization Act (NDAA) for FY 2016...
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Today, the U.S. House of Representatives passed H.R. 702, to adapt to changing crude oil market conditions, by a bipartisan vote of 261-159. After passage of the bill, Congressman French Hill (AR-2) released the following statement: “The ban on crude oil exports in this country is outdated and provides no benefit to America or our allies throughout the world, and I am proud of the House’s work to end it. Today’s bill takes a critical step towards boosting economic development, creating more jobs...
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Today, the U.S. House of Representatives passed H.R. 3192, the Homebuyers Assistance Act, sponsored by Congressman French Hill (AR-2), by a bipartisan vote of 303-121. H.R. 3192 would provide a formal hold-harmless period for those making a good faith effort to comply with the Consumer Financial Protection Bureau’s (CFPB) Truth in Lending Act and the Real Estate Settlement Procedures Act (TILA-RESPA) Integrated Disclosure (TRID) rule, which became effective on October 3, 2015. On November 20, 2...
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Congressman French Hill (AR-2) made the following statement on the day of the Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosure Rule implementation: “I am encouraged that the CFPB and other financial regulators have acknowledged the need for some leniency for good-faith efforts to comply with an extremely complex rule. This acknowledgment underscores the need for a formal hold-harmless period to protect the mortgage industry while transitioning to this new closing r...
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Rep. Hill made the following statement after awarding September’s Golden Fleece to government unions: “Today’s award highlights the rampant unionization of government workers on the state and federal level that costs American taxpayers hundreds of millions of dollars every year. According to the U.S. Office of Personnel Management (OPM), the federal government spent $157 million and 3.4 million man hours in fiscal year 2012 on union activities. These activities can often be political in nature,...
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Today, Congressman French Hill (AR-2) released the following statement after the U.S. House of Representative passed the Conference Report for the National Defense Authorization Act (NDAA) for Fiscal Year 2016: “Maintaining the strongest military force in the world is a top priority of this Congress. Today, I was proud to join my colleagues in authorizing continued funding of our military. The FY 2016 NDAA will increase accountability for taxpayer dollars being spent on training forces in Syria...
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Today, Congressman French Hill (AR-2) released the following statement after Speaker of the House John Boehner announced his intention to retire from Congress at the end of October...
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Today, Congressman French Hill (AR-2) attended Pope Francis’s address to the Joint Meeting of Congress in Washington D.C. Congressman Hill was accompanied by Msgr. Lawrence Frederick, a priest and teacher from the Congressman’s alma mater, Catholic High School for Boys in Little Rock. Father Frederick has been teaching at Catholic High for over 50 years. After the Pope’s address to Congress, Congressman Hill released the following statement...
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