Florida Congressman Wants to Give Community, Midsized Banks More Ability to Offer Loans

| Posted in In the News

Florida Congressman Wants to Give Community, Midsized Banks More Ability to Offer Loans Florida Daily 9/20/19 This week, a Florida congressman introduced a new bill to increase the abilities of community and midsized banks to offer more small business loans and mortgages. On Wednesday, U.S. Rep. Charlie Crist, D-Fla., brought out the “Community Bank Deposit Access Act.” U.S.…

Booker, Lee, Cleaver, Hill Re-Introduce Bipartisan Bill To Protect Consumers From Predatory Debt Collection Practices

| Posted in In the News

Booker, Lee, Cleaver, Hill Re-Introduce Bipartisan Bill To Protect Consumers From Predatory Debt Collection Practices Insider NJ 9/19/19 WASHINGTON, D.C.—U.S. Senators Cory Booker (D-NJ) and Mike Lee (R-UT), along with Representatives Emanuel Cleaver, II (D-MO) and French Hill (R-AR), today introduced the Stop Debt Collection Abuse Act of 2019. The bill would help safeguard…

Hill offers House bill aimed at helping Americans gain credit worthiness

| Posted in In the News

Hill offers House bill aimed at helping Americans gain credit worthiness The Ripon Advance 9/10/19 U.S. Rep. French Hill (R-AR) on Sept. 6 sponsored legislation that would expand credit reporting agencies’ access to American’s payment data. Rep. Hill introduced the Credit Access and Inclusion Act of 2019, H.R. 4231, which he said would level “the playing field by allowing for…

Rep. Hill Discusses Future of Identity Protection During Artificial Intelligence Task Force Hearing

| Posted in Press Releases

WASHINGTON, D.C. — Today, Ranking Member of the House Financial Services Committee Task Force on Artificial Intelligence (AI), Congressman French Hill (AR-02), helped lead a hearing entitled, "The Future of Identity in Financial Services: Threats, Challenges, and Opportunities". Watch Congressman Hill’s opening remarks from the hearing HERE or by clicking on the image…

Rep. Hill Supports CFPB Action to Promote FinTech Innovation

| Posted in Press Releases

WASHINGTON, D.C. — Today, Congressman French Hill (AR-02), Ranking Member of the House Financial Services Financial Technology (FinTech) Task force, released the following statement in support of three new policies issued by the Consumer Financial Protection Bureau (CFPB) aimed at promoting FinTech Innovation: “If America wants to remain competitive in today's fast-paced, 21st century…

Rep. Hill Applauds CFPB Move to Shrink GSE Footprint in Mortgage Market

| Posted in Press Releases

WASHINGTON, D.C. – Today, Ranking Member of the House Financial Services Committee Task Force on Financial Technology (FinTech), Congressman French Hill (AR-02), released a statement in support of the Consumer Financial Protection Bureau’s (CFPB) decision to end the Qualified Mortgage (QM) patch for Government Sponsored Enterprises (GSEs). This temporary provision, created in 2013 and set…

Hill, Cohen Introduce Bipartisan Bill to Improve Living Conditions for Low-Income Families

| Posted in Press Releases

WASHINGTON, D.C. — This week, Congressman French Hill (AR-02) joined Congressman Steve Cohen (D-TN) in introducing the Housing Accountability Act, bipartisan, bicameral legislation to hold Section 8 housing landlords accountable for poor living conditions. Following introduction of the bill, Congressman Hill and Congressman…

Rep. Hill: "Alternative Data Can Connect More American Consumers with Affordable Credit"

| Posted in Press Releases

WASHINGTON, D.C. — Today, Ranking Member of the House Financial Services Committee Task Force on Financial Technology (FinTech), Congressman French Hill (AR-02), helped lead a hearing: "Examining the Use of Alternative Data in Underwriting and Credit Scoring to Expand Access to Credit." During the hearing, Congressman Hill highlighted the rise of FinTech lenders using alternative…

Mueller Testimony, Rep. French Hill, Rep. Cicilline

| Posted in In the News

Mueller Testimony, Rep. French Hill, Rep. Cicilline [Listen] By Bloomberg Bloomberg Chief Washington Correspondent Kevin Cirilli delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. Panel guests include: Ryan Williams, Republican Strategist & Executive…

Rep. Hill Letter in the Wall Street Journal: "Beneficial Ownership Data Needn’t Oppress"

| Posted in Press Releases

WASHINGTON, D.C. — Today, the Wall Street Journal published a letter to the editor by Congressman French Hill (AR-02) in response to an op-ed by the WSJ Editorial Board highlighting the unintended consequences of the Corporate Transparency Act, a new beneficial ownership bill moving through the House.  Congressman Hill's letter echos the concerns of the Editorial…

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