Press Releases

Congressman French Hill (AR-2) released the following statement today after being named to the House Financial Services Capital Markets and Oversight and Investigations Subcommittees:

“I am honored to be named to these two key subcommittees. I look forward to working for solutions that promote economic growth, protect consumer access to capital, enhance transparency and accountability of federal agencies, reduce the regulatory burden created by flawed policies like Dodd-Frank, and protect Arkansans from big-government overreach.”

“Congressman Hill will provide a wealth of knowledge from his prior experience as a small businessman and banker, as well as his prior public service at the U.S. Senate Banking Committee and Treasury Department. He is a valuable addition to the Capital Markets and Oversight and Investigations Subcommittees, and I look forward to working with him to develop pragmatic solutions to create jobs and grow the economy, while holding both Washington and Wall Street accountable to the American people,” said House Financial Services Chairman Jeb Hensarling (R-TX).

Congressman Hill was named to the House Financial Services Committee on November 20, 2014.

The House Financial Services Committee announced subcommittee assignments for the panel’s Republican members for the 114^th Congress today after its organizational meeting.

The Subcommittee on Capital Markets and Government Sponsored Enterprises has jurisdiction over issues pertaining to: securities, exchanges, and finance; capital markets activities, including business capital formation and venture capital; activities involving futures, forwards, options, and other types of derivative instruments; the Securities and Exchange Commission (SEC); secondary market organizations for home mortgages, including the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Federal Agricultural Mortgage Corporation; the Federal Housing Finance Agency; and Federal Home Loan Banks.

The Subcommittee on Oversight and Investigations has jurisdiction over issues regarding the oversight of all agencies, departments, programs, and matters within the jurisdiction of the Committee, including the development of recommendations with regard to the necessity or desirability of enacting, changing, or repealing any legislation within the jurisdiction of the Committee, and for conducting investigations within such jurisdiction; and research and analysis regarding matters within the jurisdiction of the Committee, including the impact or probable impact of tax policies affecting matters within the jurisdiction of the Committee.

The House Financial Services Committee has jurisdiction over issues pertaining to the economy, the banking system, housing, insurance, and securities and exchanges. Additionally, the Committee also has jurisdiction over monetary policy, international finance, international monetary organizations, and efforts to combat terrorist financing.

About Congressman French Hill

J. French Hill, 58, is the 22^nd Member of Congress to represent central Arkansas in the U.S. House of Representatives.  A ninth generation Arkansan, he was elected on November 4, 2014, and will serve on the U.S. House Committee on Financial Services for the 114^th Congress.  Prior to his congressional service, Mr. Hill was actively engaged in the Arkansas business community for two decades as a commercial banker and investment manager and was founder, chairman, and chief executive officer of Delta Trust & Banking Corp in Little Rock.

Prior to his community banking work in Arkansas, Mr. Hill served as a senior official in the administration of President George H.W. Bush. Prior to his Executive Branch service, from 1982-84, Mr. Hill served on the staff of then-U.S. Senator John Tower (R-TX) as well as on the staff of the U.S. Senate Committee on Banking, Housing & Urban Affairs.

Mr. Hill is a magna cum laude graduate in Economics from Vanderbilt University.  He is married to the former Martha McKenzie of Dallas, Texas, and they have a daughter, Sarah Elizabeth McKenzie Hill, and a son, William Payne Hill.  The Hill family resides in Little Rock.