ICYMI: REP. HILL ON BLOOMBERG SURVEILLANCE: WHEN YOU MANDATE THIS KIND OF A PRICE CAP, YOU ARE GOING TO DENY DEPOSIT SERVICES AND OVERDRAFT PRIVILEGE SERVICES TO MILLIONS OF LOW-INCOME AMERICAN FAMILIES

Washington, March 5, 2025

WASHINGTON, D.C. - Today, Rep. French Hill (AR-02) joined Bloomberg Surveillance to discuss President Trump's work to make America competitive again, his Overdraft CRA, and more.

To watch the full interview, please visit HERE.

Topline Quotes:

  • "When you mandate this kind of a price cap, you are going to deny deposit services and overdraft privilege services to millions of low-income American families – that is why the CFPB rule is wrong. I want competition to handle that as it is today."

  • "Every customer I had at my company in the Mississippi Delta was a smart consumer of how to balance their capital and income needs for their family every month, and what Rohit Chopra does is take that privilege away from millions of people."
  • "The President is focused on bringing broad manufacturing back to the United States, and I think the United States is the single best location for foreign direct investment in the world... Europe is not surging, Europe is slumping, and I am glad to see that actions taken by the U.S. are encouraging, maybe, a change economically and militarily in Europe."

Keep In Touch

Please sign up below to receive my weekly newsletter and get the latest news and updates directly to your inbox.