District Update |August 2, 2016
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U.S. Congressman French Hill
Dear Friends,

House Republicans, led by Speaker Paul Ryan, took time in June and July to unveil our policy platform to rebuild our economy, strengthen national security, and restore the principles of our Nation's guiding document: the Constitution.

Our plan, appropriately titled "A Better Way," was devised by policy experts in the House, our Committee Chairmen, and our Leadership, this collective and team effort provides a bold, new outline of priorities for Congress to pursue with a new chief executive inaugurated in January 2017.

Restoring the Constitution, reducing regulatory burdens on America's businesses, reforming healthcare, revamping our military and other important national security assets, working with community leaders to find successful programs aimed at eliminating poverty, and reforming our complex tax code are the key pillars of this agenda.

I will be spending the next month visiting all seven counties in the Second Congressional District, discussing with constituents the importance of "A Better Way" and how this plan will benefit all Americans. I began my "A Better Way" Tour last week by speaking to the Electric Cooperatives of Arkansas about regulatory reform and the need for comprehensive energy policy that brings back jobs for the American workers.

I also visited with the Little Rock Realtors to discuss what tax reform would to do create sound economic growth and I met with local members of the Arkansas General Assembly to discuss our mutual priorities in the Second District and the important reforms that are proposed in the Better Way approach

I truly believe "A Better Way" is exactly that, and I look forward to spending the August month visiting with my fellow Arkansans to discuss what House Republicans are doing to secure a stronger America.

Sincerely,


Representative French Hill

Photos for the Week


Rep. Hill speaking with attendees at the Veterans History Project Workshop.

Rep. Hill speaking with representatives of the Electric Cooperatives of Arkansas.

News for the Week

20 at session train to record veterans' stories
Arkansas Democrat Gazette
The Library of Congress gained at least 20 new contributors to its Veterans History Project after a training session Saturday morning in Little Rock. The Veterans History Project, which began in 2000, aims to preserve history by recruiting volunteers to interview peace and wartime veterans. The interviews are recorded to create an oral history for the Library of Congress.
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Rep. Hill Discusses Terror Finance with Frank Gaffney
1260 AM DC
Representative of the second district of Arkansas and serves on the Financial Services Committee and former deputy assistant secretary at the Treasury Department talks about the Global War on Terror and Iran’s financing of terrorism.

Read More
 


Veterans History Project

On Saturday, Rep. Hill hosted a Veterans History Project Workshop at the Cox Creative Center in Little Rock. The Library of Congress launched the Veterans History Project in 2000 to collect the stories of America’s veterans.

The workshop trained volunteers how to interview veterans and submit the recording of their stories to the Library of Congress. After the training workshop, Rep. Hill's staff connected volunteers with veterans to interview. Anyone interested in volunteering, or veterans interested in telling their story can still be a part of this great opportunity by reaching out to the Congressman's Little Rock or Washington offices.

Stay tuned for a future training opportunity in October.


The Best CHOICE

Last month, Rep. Hill wrote an op-ed in American Banker on the House's plan to repeal and replace the Obama Administration's failed policy to correct fallout from the 2008 financial crisis.

Below is an excerpt from Rep. Hill's op-ed:

Alexander Hamilton, one of the founders of our great national experiment (and now namesake of Broadway's biggest hit), once stated that a key benefit of a solid financial system is that "banks become the nurseries of national wealth." However, the Dodd-Frank Act, with its 2,000-plus pages and over 400 regulatory mandates (in addition to the extensive web of existing regulations) has largely impeded banks' abilities to function as such.

In response to the 2008 financial crisis under the guise of ending future bank bailouts, enhancing consumer protection and boosting the overall economy, President Obama signed the wholly partisan Dodd-Frank into law. At its sixth anniversary, there is emerging consensus this law has failed. The big banks are even bigger, "too big to fail" has become enshrined and we continue to lose community banks.

We have experienced six years of subpar economic growth, and constrained credit and access to capital for consumers and small businesses. We have seen some of the lowest business formation rates since the Carter administration.

Click here to read the entire op-ed.

Our financial system needs regulatory oversight, but we need smart regulation that is proportionate to risk and allows for innovation and growth. The Washington-knows-best, one-size-fits-all mentality is systematically ending the ability of our locally focused, relationship-driven community banks to succeed. In my home state of Arkansas, exemplary community financial institutions are struggling to find ways to continue to best serve their customers under the reality that is Dodd-Frank.

Washington, DC Office
1229 Longworth House Office Building
Washington, DC 20515
Phone: (202) 225-2506
Fax: (202) 225-5903
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1105 Deer Street, Suite 12
Conway, AR 72032
Phone: (501) 358-3481
Fax: (501) 358-3494
Little Rock Office
1501 N. University Ave., Suite 150
Little Rock, AR 72207
Phone: (501) 324-5941
Fax: (501) 324-6029
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