Today, the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, led by Chairman French Hill (AR-02), is holding a hearing entitled “Decoding DeFi: Breaking Down the Future of Decentralized Finance.” Watch Chairman Hill’s opening remarks here. Read Chairman Hill’s opening remarks as delivered: “Welcome back, members and staff, to Capitol Hill following our August work period. Today we are going to discuss decentralized finance. “After the FIT21 legislation ...
Today, the House Financial Services Subcommittee on Oversight and Investigations, led by Chairman Bill Huizenga (MI-04), is holding a hearing entitled “The Fall of ESG: Scrutinizing the Failed Use of Environmental, Social, & Governance Standards and the Influence of Proxy Advisors.” Watch Chairman Huizenga’s opening remarks here. Read Chairman Huizenga’s opening remarks as prepared for delivery: “Across the country, investors are being held hostage by those who don't want to maximize retirement ...
Confronting the generational threat posed by the Chinese Communist Party (CCP) has been a top priority for the House Financial Services Committee under Republican leadership. Building on Financial Services Republicans’ work in the 117th Congress, the Committee has used hearings, legislation, and letters to lead House Republicans’ efforts to stand up to the CCP. Financial Services Bills on the Floor for House Republicans’ China Week: H.R. 9456, the Protecting American Agriculture from Foreign Adv...
Today, the U.S. House of Representatives passed bipartisan financial services legislation to combat the economic threat from China by deterring Chinese Communist Party (CCP) aggression towards Taiwan and preventing the CCP from co-opting international financial institutions, like the International Monetary Fund (IMF). The financial services bills passed by the House include: H.R. 554, the Taiwan Conflict Deterrence Act of 2023, sponsored by Rep. French Hill (AR-02), disincentivizes Chinese aggre...