House Financial Services Committee

Hill Hearing Focuses on Regulatory Structure of Crypto and Digital Asset Oversight
Hill Hearing Focuses on Regulatory Structure of Crypto and Digital Asset Oversight
April 09, 2025  |  Cryptocurrency

Securities laws need readjustment to account for some of the unique qualities of digital assets — and market structure legislation should pave the way for...

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State Regulators Push Back on Proposed Federal Control of Stablecoin Industry
State Regulators Push Back on Proposed Federal Control of Stablecoin Industry
April 08, 2025  |  Cryptocurrency

Crypto’s biggest success story, after a litany of industry failures, has been stablecoins. The asset-pegged digital tokens, designed to maintain their stability and facilitate non-volatile...

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Congress Urged to Reform AML Rules, Repeal Corporate Transparency Act Amid Rising Fraud Costs
Congress Urged to Reform AML Rules, Repeal Corporate Transparency Act Amid Rising Fraud Costs
April 01, 2025  |  Fraud Prevention

Witnesses from the ranks of business and banking told lawmakers that efforts to fight payment and investment scams must be aided by a “whole government”...

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House Financial Services Committee Aims to Improve Access to Capital
House Financial Services Committee Aims to Improve Access to Capital
March 26, 2025  |  Business

The House Financial Services Committee (HFSC) is reviewing more than 40 bills that aim to improve business’ access to capital. During a Tuesday (March 25)...

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Stripe, Paxos CEOs Say Payments Ecosystem Needs Stablecoins and Blockchain but Not CBDC
Stripe, Paxos CEOs Say Payments Ecosystem Needs Stablecoins and Blockchain but Not CBDC
March 11, 2025  |  Blockchain

Payment stablecoins, blockchain and other digital innovations, including tokenization, will enable more efficient money movement across the globe, while ensuring primacy of the U.S. dollar...

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French Hill Favors Regulatory Framework for Stablecoins, Ban on CBDC
French Hill Favors Regulatory Framework for Stablecoins, Ban on CBDC
March 11, 2025  |  Cryptocurrency

House Financial Services Committee Chairman French Hill, R-Arkansas, said Tuesday (March 11) that he supports the development of a federal framework for payment stablecoins and...

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CFPB’s Payment App and Overdraft Rules Face Challenges in Congress
CFPB’s Payment App and Overdraft Rules Face Challenges in Congress
March 05, 2025  |  CFPB

Two rules announced by the Consumer Financial Protection Bureau (CFPB) during the Biden administration suffered setbacks in Congress on Wednesday (March 5). The Senate voted...

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House Financial Services Seeks Ways to Compete With China
House Financial Services Seeks Ways to Compete With China
February 26, 2025  |  Politics

How can the U.S. best compete with China? It was the question at the center of a hearing Tuesday (Feb. 25) by the House Financial...

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New House Financial Services Leadership Targets Digital Asset Regulation
New House Financial Services Leadership Targets Digital Asset Regulation
January 09, 2025  |  Regulation

The House Financial Services Committee has chosen leadership with an eye toward digital asset regulation. Rep. French Hill (R-Ark.) announced the new appointments Thursday (Jan. 9), promising to “right-size the...

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