
Financial Services GOP
@FinancialCmte • 61,229 subscribers
U.S. House Committee on Financial Services Republicans – Chairman @RepFrenchHill
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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 GOP50,276 görüntüleme • 21 gün önce

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 GOP159,991 görüntüleme • 3 ay önce

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 görüntüleme • 22 gün önce

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 görüntüleme • 6 ay önce

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 görüntüleme • 3 ay önce

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 GOP97,685 görüntüleme • 4 ay önce

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 görüntüleme • 2 yıl önce

🚨The CLARITY Act is heading to the House Floor. French Hill Bryan Steil
Financial Services GOP151,539 görüntüleme • 11 ay önce

NEW: Chairman French Hill on Face The Nation on "Crypto Week" in the House: "I believe the bills we will have on the floor this week will protect investors, consumers, and make America as President Donald J. Trump wants, a leader in financial technology and crypto and digital assets innovation."
Financial Services GOP110,694 görüntüleme • 10 ay önce

WATCH: Rep. Warren Davidson on regulatory clarity for tokenizing securities: “We've been set back for a long time, though, because, frankly, Gary Gensler wanted to prevent any kind of real progress on the Commission. And a lot of the companies wanted to just be deemed not securities. They were working to be not securities, and that interfered with the people that really did intentionally want to be a security and getting the clarity. The Commission didn't provide the regulatory clarity there.” 📺⬇️
Financial Services GOP27,577 görüntüleme • 2 ay önce

WATCH: Bryan Steil delivers opening remarks at today's hearing on the CLARITY Act: "The Golden Age of digital assets is here. ...The CLARITY Act will unleash innovation and ensure U.S. dominance in digital assets while protecting consumers from fraud." 📺⬇️
Financial Services GOP83,932 görüntüleme • 1 yıl önce

Chairman French Hill: "I'm really looking forward to the Senate's market structure markup tomorrow and I hope this means that we're moving closer toward having a law that President Trump can sign, which is one of his commitments to have both stablecoin and market structure bills signed into law."
Financial Services GOP39,049 görüntüleme • 4 ay önce

WATCH: Rep. Bill Huizenga questions witnesses if tokenization is the next natural evolution of capital markets, to which Ms. Mersinger responds: “Yes, it is an evolution versus rewriting the system. So, I think it's a natural evolution. I think that's where we're headed. Of course, there's going to be challenges with any time of change in technology. But I think the SEC has the tools to overcome any challenges that they face and put into place a system that will provide appropriate customer protections while allowing this new infrastructure to take root.” 📺⬇️
Financial Services GOP21,912 görüntüleme • 2 ay önce

🎞️ To date, the U.S. digital asset ecosystem has been mired by uncertainty and regulation by enforcement. Congress has the chance to provide the robust consumer protections and regulatory clarity needed to foster innovation here in America by advancing #FIT21. 🎥 👇
Financial Services GOP127,968 görüntüleme • 2 yıl önce

WATCH: Subcommittee Chairman Ann Wagner delivers opening remarks at today's hearing: "This is a global problem that calls for a multi-level, intergovernmental approach. That’s why I’m glad regulators and industry stakeholders have made this a top priority, including the SEC under Chairman Atkins, which has targeted malicious foreign actors through the Commission’s Cross-Border Task Force. Fighting fraud and exploitation is not a partisan issue, it’s about protecting the Main Street investors who put their trust in our capital markets.”
Financial Services GOP13,975 görüntüleme • 1 ay önce

WATCH: Congressman Andy Barr in support of the GENIUS Act: "It is paramount that we send this historic piece of legislation, the GENIUS Act, to the president's desk. This bill is the first of its kind in creating a regulatory framework for the future for stablecoin issuance in the U.S. to revolutionize finance and payments in this country and around the globe." 📺⬇️
Financial Services GOP55,388 görüntüleme • 10 ay önce

WATCH: Young Kim on crypto innovation in America: “When we discuss the term brain drain, it's often used in the context of foreign content, the talents leaving their home countries to come to America because of the opportunities that we provide. However, in the digital asset industry, this strain reflects a 2% year over year decline in the U.S. share of blockchain developers over the last five years. In 2018, the U.S. share of global blockchain developers was 40%, and today it is down to 20%. While the rogue regulation of former SEC Chair Gary Gensler did America no favors in fostering crypto innovation in America, that does not mean it is too late to reverse his policies and establish America as the Crypto Capital of the World by doing something that we already did, passing the Clarity Act.” 📺⬇️
Financial Services GOP16,919 görüntüleme • 2 ay önce

WATCH: Bryan Steil on the role of the CLARITY Act: “The House passed the Clarity Act to provide a framework for regulation in the digital asset space to accomplish two very important things, in my view: first, to protect consumers; and second, to ensure that the United States is the domicile best positioned to outcompete the rest of the globe.” 📺⬇️
Financial Services GOP23,191 görüntüleme • 3 ay önce