ICYMI: BLOOMBERG TO REP. HILL: IT WOULD BE NICE TO HAVE SOMEONE WITH FINANCIAL SERVICES EXPERIENCE RUN THE HOUSE FINANCIAL SERVICES COMMITTEE

LITTLE ROCK, AR - Today, Rep. French Hill (AR-02) joined Bloomberg Surveillance to discuss his pitch to become Chairman of the House Financial Services Committee, his efforts to "Make Community Banking Great Again," economic policy, and more.

To watch the full interview, please visit HERE.

Topline Quotes:

  • Jonathan Ferro to Rep. Hill: "On behalf of our audience, it would be nice to have someone with financial services experience run the House Financial Services Committee."
  • Annmarie Hordern to Jonathan Ferro and Lisa Abramowicz: "I was waiting for him to get to his slogan "Make Community Banks Great Again" because unlike most people who work on Wall Street and some of these big banks, he actually comes from a community bank and understands the issues."
  • Rep. Hill to Annmarie Hordern: "I believe that because of my longstanding bicameral communication and collaboration capabilities with the Senate, my leadership in the House over the last decade, and, probably - most importantly - the fact that I was in the private sector for decades and was regulated mightily by the federal government through both the securities regulators and the banking regulators... and also my work in the Executive Branch at the Treasury and the White House makes me an ideal candidate to serve the House Financial Services Committee."
  • Rep. Hill to Lisa Abramowicz: "I have worked extensively with the Trump administration previously... Jay Clayton at the SEC; the bank supervisors were a major source of collaboration for me in reforming our regulatory system for both capital markets and the banking system, and I believe that will be the case in the second term of Donald Trump. I will work very closely with what I will presume to be excellent nominees from the FDIC, to the CFPB, to the SEC and we will, in fact, make community banking great again through that regulatory and legislative cooperation."

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