Today, the House Financial Services Committee is holding a National Security Subcommittee hearing, led by Subcommittee Chair Warren Davidson (OH-08), to explore the growing threat of investment fraud in the United States, as well as analyze tools and practices used to "follow the money" when it comes to investment scams. Read Subcommittee Chair Davidson’s opening remarks as prepared for delivery: "I want to welcome our witnesses. Thank you for participating in our hearing today, devoted to analy...
The House Committee on Financial Services, led by Chairman French Hill (AR-02), sent letters to certain agencies under the Committee’s jurisdiction. In the letters, Chairman Hill, Subcommittee Chairs, and Committee members brought attention to specific actions implemented under the Biden-Harris Administration they believe should be rescinded, modified, or reproposed, as appropriate. Financial Institutions Chairman Hill and Subcommittee Chairman Barr, along with the Members on the Subcommittee on...
Today, House Financial Services Committee Chairman French Hill (AR-02), Chairman of the Subcommittee on Capital Markets Ann Wagner (MO-02), and all Republican members of the Subcommittee on Capital Markets, sent a letter to Acting Chairman of the U.S. Securities and Exchange Commission (SEC) Mark Uyeda commending the Commission for its recent decision to rescind Staff Legal Bulletin (SLB) No. 14L. The lawmakers also used the letter to highlight additional challenges that remain within the Rule 1...
Today, Chairman French Hill (AR-02), Rep. Ann Wagner (MO-02), Chair of the Subcommittee on Capital Markets, and Rep. Bill Huizenga (MI-04), Vice Chair of the House Committee on Financial Services, applauded the U.S. Securities and Exchange Commission’s (SEC) decision to abandon its defense of the Enhancement and Standardization of Climate-Related Disclosures for Investors rules, which were finalized in March 2024. “The SEC’s decision to abandon its defense of the climate disclosure rule is a wel...
