Press Releases

WASHINGTON, D.C. – In anticipation of President-elect Donald J. Trump’s return to the White House, Rep. French Hill (AR-02) today sent a letter to all federal financial regulators calling on each to immediately halt all rulemaking actions.

Rep. Hill elucidates his dismay for their excessive regulatory overreach during the past four years in his letter to the Treasury Department, Federal Deposit Insurance Corporation (FDIC), Federal Reserve, National Credit Union Administration (NCUA), Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), Securities and Exchange Commission (SEC), and the Department of Housing and Urban Development (HUD).

To read Rep. Hill’s letter, please visit HERE.

In light of the historic win last week by President-elect Donald J. Trump, I call on you to immediately cease all ongoing rulemaking actions and suspend the proposal or promulgation of any regulations.

Americans have expressed their widespread discontent over the outgoing administration's excessive regulatory overreach throughout the past four years. This relentless rulemaking agenda has stifled economic growth and innovation, and restricted consumer access to financial products. As a matter of transparency and public accountability, each of your agencies should abandon any action or plan to force through a politicized regulatory agenda, which voters have already rejected. It is in the interest of all Americans that this agenda be halted immediately in order to restore the balance between the government and the people it serves.