Congressional Oversight Commission Publishes Tenth Report

| Posted in Press Releases

WASHINGTON D.C. — The members of the bipartisan Congressional Oversight Commission have published their tenth report. It is available for review here . The Commission's nine previous reports are also available for review at the Congressional Oversight Commission’s website. The Congressional Oversight Commission is a five-person panel that was established by the CARES…

Hill: Biden Should Stop Posturing on Infrastructure and Work to Garner Robust Bipartisan Support

| Posted in Press Releases

Little Rock, AR – Rep. French Hill (AR-02) today issued the following statement after President Biden’s release of his “infrastructure” plan in Pittsburgh, PA. “While I believe continued investment in our critical infrastructure, including support for high speed broadband is worthy, I have not seen any detailed key proposals, analysis or the economic costs of the President’s push…

Cotton, Boozman, Hill announce opposition to federal voting rights bill

| Posted in In the News

Cotton, Boozman, Hill announce opposition to federal voting rights bill by Shelby Rose LITTLE ROCK (KATV) — A federal bill that would change how elections are run is being debated in the U.S. Congress and several Arkansas lawmakers on Tuesday joined state officials to voice their concerns about the legislation. "In my…

Two lawmakers debate reinstating SALT deduction

| Posted in In the News

SQUAWK BOX Two lawmakers debate reinstating SALT deduction Rep. Josh Gottheimer (D-NJ) testified in front of the House Ways and Means committee earlier this week regarding reinstating the state and local tax deduction, also known as SALT. Rep. Gottheimer and Rep. French Hill (R-Ark.) joined “Squawk Box” on Friday to discuss the…

Rumor: Hedera (HBAR) Working On The Digital Dollar With The Central Bank?

| Posted in In the News

Rumor: Hedera (HBAR) Working On The Digital Dollar With The Central Bank? The U.S. Federal Reserve has announced that it is assessing a central bank digital currency (CBDC). The central bank has released the preconditions necessary for the launch of the digital dollar. Hedera is one of the platforms rumored to be…

Rep. Hill Objects To Countries Like Russia, China And Iran Getting COVID Funds

| Posted in In the News

Rep. Hill Objects To Countries Like Russia, China And Iran Getting COVID Funds By Michael Hibblen The world’s seven largest economies, including the U.S., have agreed to support developing countries battling COVID-19. But U.S. Rep. French Hill, a Republican of Arkansas’ 2nd district, is objecting to Russia, China and Iran being including among the countries sharing about…

ICYMI: Biden Administration Confirms: No-Strings-Attached Money to Russia and China

| Posted in Press Releases

Washington, D.C. – Today, in response to a question by U.S. Congressman French Hill (AR-02), U.S. Treasury Secretary Janet Yellen confirmed that the Treasury was in fact considering sending billions of dollars to dictatorships like China, Russia, Iran, and Venezuela through the International Monetary Fund (IMF) and a Special Drawing Rights (SDR) allocation. In his questioning, Rep. Hill…

Sound On: Eco Recovery, The Last Blockbuster (Podcast)

| Posted in In the News

Sound On: Eco Recovery, The Last Blockbuster (Podcast) Bloomberg Chief Washington Correspondent Kevin Cirilli and Bloomberg politics contributors Jeanne Sheehan Zaino and Rick Davis deliver 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. Guests: Rep. French…

IMF Mulls Creating $650 Billion in Reserves After Yellen Nod

| Posted in In the News

IMF Mulls Creating $650 Billion in Reserves After Yellen Nod By Eric Martin and Saleha Mohsin The International Monetary Fund’s board conveyed broad support for drafting a proposal to create $650 billion in additional reserve assets to help developing economies cope with the pandemic, with an eye on considering a formal plan by…

U.S. Congressman French Hill Outlines Concerns with Special Drawing Rights Allocation in Letter to G7 Leaders

| Posted in Press Releases

WASHINGTON, D.C. – Rep. French Hill (AR-02) today sent a letter to the ambassadors to the United States of the six nations of the G7 outlining his concerns with a Special Drawing Rights (SDR) allocation through the International Monetary Fund (IMF) following recent news reports suggesting that the G7 is discussing a $650 billion allocation. “I’ve long opposed the allocation of SDRs as a…

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