French Hill
@RepFrenchHill
Official account of Rep. French Hill. 9th generation Arkansan. @FinancialCmte Vice-Chairman and Subcommittee Chairman. Proudly representing AR-02.
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http://hill.house.gov 31-12-2014 23:54:58
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🎙️French Hill:
Congress must act to provide regulatory clarity to the digital asset ecosystem.
Without it, the SEC will continue to pursue a 'regulation by enforcement' agenda that leaves markets and individuals worse off.
H.R. 4763 delivers a critical solution.
#WATCH : French Hill testifies before House Rules Committee in support of the Financial Innovation and Technology for the 21st Century Act:
“FIT21... is a watershed moment for entrepreneurs and innovators and, more broadly, our country.'
Read more 🔗
financialservices.house.gov/news/documents…
📺 👇
Today, HPSCI wrapped up its bipartisan retreat at 88th Air Base Wing.
Members met with Office of the DNI Haines, CIA Director Burns, @NSAgov Director Gen. Haugh, DIA Director Lt. Gen. Kruse, NRO Director Scolese, @NGA_GeoInt Director VADM Whitworth, and other IC leaders.
Ready to testify in House Rules Committee on behalf of our FIT21 bill to create a necessary framework for digital assets with French Hill.
#LiveNow : French Hill and Rep. Dusty Johnson testify at House Rules Committee on #FIT21 , which provides regulatory clarity and consumer protections for the digital asset ecosystem, ahead of tomorrow's landmark vote.
📺 Tune in 👇
rules.house.gov
Today, Chairman US Rep. Mike Turner, head of the U.S. delegation to @NATOPAPress, Ranking Member @JAHimes, Representative Rep. Gerry Connolly, past president of the NATO Parliamentary Assembly, and additional Members of Congress urged Department of Defense 🇺🇸 to expedite resources to Ukraine.
Last month, I sent a letter to the consumerfinance.gov with Financial Services GOP members asking the agency to extend the compliance date for their harmful 1071 rule. I am pleased that the CFPB agreed to provide this relief for American small businesses and their lenders last Friday, giving
1/ Today, Blockchain Association members sent a letter to Speaker Mike Johnson and Hakeem Jeffries in support of a floor vote for the Financial Innovation and Technology for the 21st Century Act ( #FIT21 ).
theblockchainassociation.org/wp-content/upl…
Congrats to President 賴清德Lai Ching-te! The US will continue to support Taiwan in strengthening their security and countering the CCP's aggression so they can continue to live in peace, democracy, and prosperity. I look forward to maintaining our relationship as he leads Taiwan into
Broken hearted reflecting on the loss of my friend of over 2 decades Alice Stewart. She was a tireless, fair minded commentator for @cnn. The memories are great and condolences to her scores of friends and colleagues. RIP.
On #ArmedForcesDay , we celebrate the courageous men and women who serve our country. I thank all our brave service members for their selfless sacrifice and dedication to protecting our freedom!
The consumerfinance.gov's 1071 rule hurts small businesses by making credit more expensive and disproportionately impacts smaller companies.
My Small LENDER Act makes necessary changes to exempt community banks and lenders from having to comply with the CFPB’s harmful small business data
I'm opposed to the SEC's Consolidated Audit Trail (CAT). It creates:
- Privacy concerns
- A cybersecurity and national security risk
- Explosive implementation costs
U.S. Securities and Exchange Commission and FINRA already have the market surveillance tools to get the information they need. There's no
#BREAKING : The Senate just passed Rep. Mike Flood's bipartisan CRA resolution to nullify the U.S. Securities and Exchange Commission's disastrous SAB 121.
🚂 Next stop, the White House.
President Biden: sign this commonsense measure to foster innovation and protect consumers in the digital asset ecosystem.
This is a landmark result for digital asset regulation. Both the House and Senate – including Majority Leader Schumer in the Senate – have delivered a clear, bipartisan message to the U.S. Securities and Exchange Commission that SAB 121 needs to go.