Financial Services

Experts fear spike in Arkansas evictions looming 06/04/2020 Arkansas Democrat Gazette The number of evictions filed in Arkansas courts jumped by more than 100 in June, warning of a likely spike at this month's end when a provision setting federal protections for renters expires. More evictions for nonpayment of rent also seem to be related to the covid-19 pandemic, experts and advocates said. In May, at least 177 evictions were filed under Arkansas' unlawful detainer statute, according to online... Read more

WASHINGTON D.C. — Yesterday, Rep. French Hill (AR-02) testified before the Republican China Task Force about a growing threat to America’s supply chain and his bill, the Securing Americas Vaccines for Emergencies Act, or SAVE Act. "When I saw the coronavirus spread through the United States in early March, I recognized the need for crucial legislation to amend the Defense Production Act (DPA). I created this bill to put the United States in a better position to defend herself in future emergenci... Read more

WASHINGTON D.C. — Yesterday, Rep. French Hill (AR-02) congratulated the House of Representatives on extending the Paycheck Protection Program (PPP). "I congratulate the House on concurring with the Senate on extending the PPP program date until August 8th. This will help small businesses all over our country." Watch Rep. Hill’s remarks HERE or by clicking on the image below. On Monday, Rep. Hill and Darrin Williams, CEO of Southern Bancorp, and published an op-ed in in The Hill about why the PPP... Read more

Washington, D.C — This week, in The Hill, Rep. French Hill (AR-02) and Darrin Williams, CEO of Southern Bancorp, an Arkansas-based CDFI penned an op-ed about how economic recovery in Arkansas across the country could be encouraged with the extension as well as modifications to the Paycheck Protection Program (PPP). "The deadline to apply for PPP loans is Tuesday, but many businesses will still need assistance in the coming weeks. Congress should extend the deadline and provide countless small bu... Read more

Economy healing, House told by Mnuchin, Powell 07/01/2020 Arkansas Democrat Gazette WASHINGTON -- The U.S. economy is regaining strength after this year's sharp, coronavirus-related downturn, but significant challenges remain, U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell told lawmakers Tuesday. Appearing before the House Financial Services Committee, they highlighted efforts to limit job losses and to bolster American businesses. Mnuchin listed a number of en... Read more

U.S. Reps Call for Reimbursements for Treatment in Place 07/01/2020 EMS World Today, Rep. Cindy Axne (IA-03), Rep. French Hill (AR-02), and Rep. John Larson (CT-01) led a bipartisan letter seeking fair reimbursements for firefighters, emergency medical services (EMS), and other medical first responders. Firefighters and EMS have been called upon with increasing frequency during the coronavirus (COVID-19) crisis to help keep American communities healthy and safe. Currently, firefighters and medic... Read more

Washington D.C. —Today, the House of Representatives passed legislation to extend the Paycheck Protection Program (PPP) following the Senate’s lead yesterday. Rep. French Hill (AR-02) issued the follow statement: "Yesterday, I called for Congress to pass an extension of the Paycheck Protection Program to help even more central Arkansas families and businesses, and I applaud my colleagues for putting politics aside to get this done.If I can answer any questions about this vital program, please c... Read more

What Recent Developments in the Fintech Space Mean for Our Future 06/28/2020 Coin Telegraph There have been several significant movements forward for digital assets, and there are more to come. Here’s what to keep an eye on. The fintech industry has been changing rapidly. Digital assets, distributed ledger technology and central bank digital currencies are gaining momentum. Multi-trillion-dollar United States Federal Reserve System money creation has increased demand for digital assets, particul... Read more

Little Rock, Ark. — This week, in Talk Business and Politics, Rep. French Hill (AR-02) penned an op-ed about the important role that the Paycheck Protection Program (PPP) has played keeping central Arkansas businesses afloat and providing Arkansas families with needed income during the COVID-19 crisis. "Since Congress passed the CARES Act and created the PPP in March, over 40,000 Arkansas businesses have received over $3.28 billion in support," said Rep. Hill. "Each of those businesses represent... Read more

Little Rock, Ark. — Recently, Rep. French Hill (AR-02) joined Michael Thorning and Rep. Gerry Connolly (VA-11) on the Bipartisan Policy Center Action's Podcast, Under the Dome to discuss the educational, economic, and cultural importance of Historically Black Colleges and Universities (HBCUs) in central Arkansas, the pride that Arkansans have for Little Rock Central High School, and the CARES Act Congressional Oversight Commission. To listen to the full interview with Rep. Hill, Michael Thorning... Read more