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  • ICYMI: Rep. Hill Calls for Action to Block Anti-Semitism at National Security, International Development, and Monetary Policy Subcommittee Hearing
    Posted in Press Releases on January 15, 2020 | Preview rr
    Tags: Financial Services, Foreign Affairs, National Security

    WASHINGTON, D.C. — The Ranking Member of the House Financial Services Subcommittee on National Security, International Development and Monetary Policy, Congressman French Hill (AR-02), joined Subcommittee Chairman Congressman Emanuel Cleaver (MO-05) in leading a House Financial Services Subcommittee hearing entitled, "A Persistent and Evolving Threat: An Examination of the Financing of Domestic Terrorism and Extremism." This hearing focused on assessing how domestic terrorism and extremists are ... Read more

  • VIDEO: Rep. Hill Talks Fed Policy, USMCA, and Cryptocurrency Regulation with Yahoo Finance
    Posted in Press Releases on December 4, 2019 | Preview rr
    Tags: Financial Services, Jobs and Economic Growth

    WASHINGTON, D.C. — Congressman French Hill (AR-02) joined Yahoo Finance's The Final Round to discuss the Fed's decision to cut interest rates in 2019, getting the USMCA trade deal to the House floor for a vote, and the possibility of a U.S.-backed cryptocurrency. Click HERE or on the picture below to watch the full interview with Congressman Hill on Yahoo Finance. Key excerpts from Congressman Hill below: On the Fed Cutting Rates: "I think they made the right decision to cut rates when they did ... Read more

  • Central bank digital currency being weighed up by the US Federal Reserve
    Posted in In the News on November 21, 2019 | Preview rr
    Tags: Financial Services

    Central bank digital currency being weighed up by the US Federal Reserve 11/21/19 FX Street Chairman of the Federal Reserve Board, Jerome Powell, was questioned by US representatives French Hill and Bill Fosters, who were asking the Fed chair on the possibility of the central bank launching a digital currency. He notes that at present it is not developing a CBDC, however, it has explored and continues to study the feasibility of such a project. Powell further explained that the Federal Reserve i... Read more

  • Top Crypto VC: China Will Launch National Digital Asset in 2020
    Posted in In the News on November 21, 2019 | Preview rr
    Tags: Financial Services

    Top Crypto VC: China Will Launch National Digital Asset in 2020 11/21/19 Blockonomi Since launching its digital currency initiative over five years ago, the People’s Bank of China (PBoC) — China’s central bank — has kept its mouth shut on the matter. The outside world only knew of China’s intentions due to leaks and off-hand comments made here and there. Hence, there has been much speculation as to the details of the project. A top industry venture capitalist recently joined in on this speculati... Read more

  • Powell Says Fed Has No Plans to Create Digital Currency
    Posted in In the News on November 21, 2019 | Preview rr
    Tags: Financial Services, National Security

    Powell Says Fed Has No Plans to Create Digital Currency 11/21/2019 The Wall Street Journal Federal Reserve Chairman Jerome Powell said in a letter to a congressman on Tuesday that the U.S. central bank doesn’t currently have plans to launch a digital currency and sees the adoption of something like it difficult in the U.S. Mr. Powell’s comments come from a letter to Rep. French Hill (R., Ark.). Mr. Powell wrote that the Fed is monitoring issues around central-bank digital currencies “closely,” b... Read more

  • The Federal Reserve is looking into developing a digital currency in the US, Powell confirms
    Posted in In the News on November 20, 2019 | Preview rr
    Tags: Financial Services

    The Federal Reserve is looking into developing a digital currency in the US, Powell confirms 11/20/19 Markets Insider US central bankers have explored the possibility of developing a digital currency that would be directly available to businesses and households, Federal Reserve Chairman Jerome Powell confirmed to lawmakers this week. "While we are not currently developing a central bank digital currency, we have assessed and we continue to carefully analyze the costs and benefits of pursuing suc... Read more

  • Fed Chair Jerome Powell: U.S. looking into digital currency
    Posted in In the News on November 20, 2019 | Preview rr
    Tags: Financial Services

    Fed Chair Jerome Powell: U.S. looking into digital currency 11/20/19 UPI Nov. 20 (UPI) -- The U.S. Federal Reserve is eyeing development of its own digital currency, Chairman Jerome Powell has said in a letter to federal lawmakers. In the letter, addressed to Rep. French Hill, R-Ark., and Rep. Bill Foster, D-Ill., Powell said a central bank digital currency, or CBDC, is not yet ready to roll out -- but members of the central bank are looking in that direction. "We have assessed and continue to c... Read more

  • US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System
    Posted in In the News on November 20, 2019 | Preview rr
    Tags: Financial Services

    US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System Investing.com 11/20/19 The United States Federal Reserve System is exploring the development of a central bank digital currency (CBDC) and what issues and risks it could potentially pose. Federal Reserve Board Chairman Jerome Powell provided a response to U.S. Representatives French Hill and Bill Fosters’ request on whether the Federal Reserve plans to launch a national digital currency, financial services reporter Zac... Read more

  • US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System
    Posted in In the News on November 20, 2019 | Preview rr
    Tags: Financial Services, National Security

    US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System 11/20/2019 CoinTelegraph The United States Federal Reserve System is exploring the development of a central bank digital currency (CBDC) and what issues and risks it could potentially pose. Federal Reserve Board Chairman Jerome Powell provided a response to U.S. Representatives French Hill and Bill Fosters’ request on whether the Federal Reserve plans to launch a national digital currency, financial services reporter Z... Read more

  • Rep. Hill Op-ed in Arkansas Business: Redefining Corporate Governance
    Posted in Press Releases on November 19, 2019 | Preview rr
    Tags: Financial Services

    WASHINGTON, D.C. — Recently, Arkansas Business published Congressman French Hill’s (AR-02) op-ed responding to the recent Business Roundtable (BRT) “Statement of the Purpose of a Corporation.” The statement, which has been signed by 181 CEOs, commits them to “lead their companies for the benefit of stakeholders – customers, employees, suppliers, communities, and shareholders” – which is a departure from the previous notion of solely serving the shareholders of a corporation. As a former corporat... Read more

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