Financial Services GOP
@FinancialCmte • 62,904 subscribers
U.S. House Committee on Financial Services Republicans – Chairman @RepFrenchHill
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![WATCH: Congressman William Timmons on the importance of passing the CLARITY Act: “Well, I think that it's hard to even imagine what the world's going to look like in 20 years, but in order for us to continue to be the center of the global economy and to continue to provide the American dream that people have enjoyed for 250 years, we've got to get this right. And that's the importance of passing [the] CLARITY [Act]. And we gotta then build on it. And there's other pieces of legislation that will continue to give the rules of the road to the free market to continue to innovate.” 📺⬇️](https://image.24vids.com/tw-2078138066871386186/amplify_video_thumb/2078137929612795904/img/9EfYvVVSTOno1LWj.jpg)
WATCH: Congressman William Timmons on the importance of passing the CLARITY Act: “Well, I think that it's hard to even imagine what the world's going to look like in 20 years, but in order for us to continue to be the center of the global economy and to continue to provide the American dream that people have enjoyed for 250 years, we've got to get this right. And that's the importance of passing [the] CLARITY [Act]. And we gotta then build on it. And there's other pieces of legislation that will continue to give the rules of the road to the free market to continue to innovate.” 📺⬇️
Financial Services GOP54,827 views • 3 days ago
![WATCH: Rep. Marlin Stutzman on the cost of delaying the passage of the CLARITY Act: “As we discussed earlier, one year ago today, this House passed the CLARITY Act with one of the strongest bipartisan votes in Congress. It cleared Senate Banking [Committee] two months ago, yet it is still sitting on the Senate calendar. Every witness here today has a story about what delay costs — faster payments markets open around the clock and American innovation that flees overseas and business.” 📺⬇️](https://image.24vids.com/tw-2078130571058860162/amplify_video_thumb/2078130416851009537/img/M7yp0Bfsr1TyFSuM.jpg)
WATCH: Rep. Marlin Stutzman on the cost of delaying the passage of the CLARITY Act: “As we discussed earlier, one year ago today, this House passed the CLARITY Act with one of the strongest bipartisan votes in Congress. It cleared Senate Banking [Committee] two months ago, yet it is still sitting on the Senate calendar. Every witness here today has a story about what delay costs — faster payments markets open around the clock and American innovation that flees overseas and business.” 📺⬇️
Financial Services GOP32,906 views • 3 days ago
WATCH: Chairman French Hill on the urgency to pass the CLARITY Act and establish a digital asset market structure: "We are here at Federal Hall in New York to hold a field hearing to commemorate the one-year anniversary of passing CLARITY with 78 Democratic votes last summer. ...We need CLARITY in place because of a key point I always make: if you have GENIUS and dollar-backed stablecoin, which President Trump signed into law last July, but you do not have a market structure bill, you have passed authorization to have a cellphone but no cell network. There is no ecosystem to support the use. That's why it's so critical that we get the companion legislation to be married to the implementation of GENIUS and dollar-backed stablecoins." 📺⬇️
Financial Services GOP20,345 views • 3 days ago
WATCH: Congressman Dan Meuser on expanding capital formation through the CLARITY Act: "It's certainly fitting that we're here at Federal Hall. Where capital formation began in our country, and the CLARITY Act is about extending that same opportunity to more Americans, not fewer." 📺⬇️
Financial Services GOP18,404 views • 3 days ago
WATCH: Chairman French Hill on the CLARITY ACT: “We need to find a way to get this forward. I think pro-innovation Democrats need to unite with Republicans in the Senate and get this bill across the Senate floor so that we can honor our commitment that we made last year that we want the U.S. to have a clear framework for digital assets… the innovation is ongoing and we want it to be done here in America and we want American financial services firms leading it.” 📺⬇️
Financial Services GOP111,605 views • 25 days ago
WATCH: Subcommittee Chairman Bryan Steil delivers opening remarks at today's hearing: "Since 2017, the House Committee on Financial Services, alongside our colleagues on the House Committee on Agriculture, has worked to craft a durable framework for digital asset that fosters innovation while protecting consumers and investors. Our goal is clear: replace regulation by enforcement with clear rules of the road for digital assets.” 📺⬇️
Financial Services GOP14,511 views • 3 days ago
WATCH: Chairman French Hill on the importance of the CLARITY Act: “I want to thank President Donald J. Trump and his top AI/Crypto advisers, David Sacks and Patrick Witt, for engaging over in the Senate and trying to find a legislative solution for them. We did that last year in the House. We got 78 Democrats to join the Republicans, and we passed the CLARITY Act and the GENIUS Act.” 📺⬇️
Financial Services GOP161,533 views • 4 months ago
WATCH: Chairman French Hill in support of H.R. 5396: “It's Congress and the executive branch through their regulatory revenue policy spending decisions that have a dramatic and significant influence over the growth of the economy and labor market conditions. … Inflation is a tax on everyone, all of us. Yet it does not tax everyone equally. It disproportionately punishes and hurts the poor and minority communities more. Which then begs the question, why don't more of my colleagues on the other side of the aisle consider supporting the Price Stability Act, the very legislation that marginalized communities would benefit financially from the most if we were successful in targeting inflation and not have it run rampant as it does periodically, most recently in the late 2020 to 2022 time frame.” 📺⬇️
Financial Services GOP84,862 views • 2 months ago
Chairman French Hill on Mornings with Maria: "We made progress during September and October on market structure for digital assets, the CLARITY Act which we passed with 78 Democrats in the House back in July is now subject to intensive work in the Senate... They're making strong progress, and I hope we can conclude that in the coming days. It’s been hurt by the shutdown so I’m looking forward to working with them in getting across the floor and to President Trump’s desk."
Financial Services GOP279,374 views • 8 months ago
Time and again, Gary Gensler's U.S. Securities and Exchange Commission has refused to provide our Committee with documents related to the collapse of FTX and the climate disclosure rule. Last week, Chairman Patrick McHenry and Rep. Bill Huizenga took Chair Gensler to task for his agency's noncompliance. 📺 👇
Financial Services GOP614,570 views • 2 years ago
Chairman French Hill on the CLARITY Act: "We were pleased to spend over 3 years working on a market structure bill in the House, and we got a strong bipartisan vote last July with 78 Democrats... Our bipartisan language in the House I think is a place to land in the Senate."
Financial Services GOP112,483 views • 5 months ago
This morning, Chairman French Hill joined Speaker Mike Johnson to discuss the House's amendment to the 21st Century ROAD to Housing Act: “We look forward to a good vote that will advance housing affordability, housing accessibility, help our American families in all 50 states, and also accomplish President Trump’s goal of limiting institutional investors’ ability to compete against our moms and dads who are out trying to buy a house.”
Financial Services GOP50,722 views • 2 months ago
WATCH: Bryan Steil questions witnesses on how to mitigate risks associated with tokenization, to which Mr. Quaadman replies: “First off, you know, I think the leadership of Hester Peirce, Commissioner of the SEC, has been very important here and recognizing that tokens are also securities. I think we should also recognize, though, that a lot of activity in tokenization with U.S. Securities is actually happening in Europe. So I think we have to make sure that we're putting a rule structure in place to deal with that.” 📺⬇️
Financial Services GOP21,677 views • 25 days ago
WATCH: Subcommittee on Financial Institutions Chairman Congressman Andy Barr delivers opening remarks at today's hearing: "For generations, the United States has benefited from having one of the strongest and most trusted financial systems in the world. That success rests on a foundation of innovation, competition, and confidence, and a modern economy depends on a payments system capable of supporting all three.” 📺⬇️
Financial Services GOP20,003 views • 26 days ago
WATCH: Chairman French Hill questions Treasury Secretary Scott Bessent on the importance of community banks, to which the Secretary responded: “It’s Main Street’s turn, and essential for Main Street’s having its turn are the small and community banks. And I would note that, thanks to onerous regulation, and as you and I both say, community and small banks became too small to succeed. Tragically, more than 50% of community banks have disappeared since the great financial crisis. Not during, since, there have been virtually no de novo banks created, whereas before the GFC there were more than 50 per year. And small and community banks not only are the anchor for community-based lending, but they provide the bulk of the lending for agriculture, for small real estate loans, and for small business loans. So, a thriving community bank infrastructure and ecosystem is essential.” 📺⬇️
Financial Services GOP97,738 views • 5 months ago
WATCH: Chairman French Hill on the CLARITY ACT: “I’m very encouraged. I want to congratulate Chairman Senator Tim Scott and those members that have worked so hard, so diligently over the last many months… all of them have worked to find a bipartisan compromise to move our digital asset ecosystem forward and it’s exciting to see… So, I am very pleased to see the progress made by the Senate bill and really look forward to how the markup goes this week in U.S. Senate Banking Committee GOP.” 📺⬇️
Financial Services GOP37,307 views • 2 months ago
🚨The CLARITY Act is heading to the House Floor. French Hill Bryan Steil
Financial Services GOP152,146 views • 1 year ago
WATCH: Bryan Steil on the U.S. dual banking system: “I think we all know innovation is occurring across all levels of the financial system, from our state-based institutions, fintechs, novel business models, and federally chartered banks. The dual banking system in the United States has allowed institutions to choose what charter and what model fits well for them. And it's one of the reasons the U.S is so diverse and innovative in our financial markets.” 📺⬇️
Financial Services GOP13,904 views • 26 days ago