Financial Services GOP
@FinancialCmte
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U.S. House Committee on Financial Services Republicans – Chairman @RepFrenchHill
Washington, D.C.
Joined May 2009
NEW: Chairman @RepFrenchHill previews the Committee's INVEST Act and how it aligns with @SECGov's work for capital formation in his new @WSJ Letter to the Editor. https://t.co/qkC1qbazzV
wsj.com
Rep. J. French Hill details the INVEST Act.
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NEW: The Committee applauds @USOCC and @FDICgov for rescinding the leveraged lending guidance and related FAQs, which was a key step urged in a recent letter Chairman @RepFrenchHill and Republican members of the Subcommittee on Financial Institutions sent to the agencies. In
Agencies rescind overly restrictive 2013 Leveraged Lending Guidance & 2014 FAQs. Banks should apply general principles for prudent risk management of commercial loans & other types of lending to their leveraged lending activities. https://t.co/mcbR2ogZ3s
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For years, woke regulators targeted debanking of conservatives, Christians, firearms businesses, and America’s energy producers — especially our Kentucky coal industry. I’m fighting side-by-side with President @realDonaldTrump, Chairman @RepFrenchHill, and Chairman
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With our nation already $38 trillion in debt, we need to scrutinize every dollar spent.
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Homeownership, long a core tenet of the American Dream, has become much harder for younger Americans to achieve, as recent data shows that the average first time homebuyer is now 40 years old. During today’s hearing on housing, I asked our witnesses what more can be done to
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Homeowners on Long Island and across the U.S. can’t afford lapses in the National Flood Insurance Program. In today’s @FinancialCmte hearing, I pushed for certainty and highlighted my NFIP Extension Act to keep coverage stable and protect homeowners.
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Housing affordability is top of mind for South Texans, especially for young families. My Housing Affordability Act will update outdated loan limits to increase the housing supply nationwide and help more families achieve their dream of owning a home!
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5 commonsense proposals we're pushing to give every Iowans a chance at home ownership: ✅ Make it easier to build that mother in law suite to expand housing inventory ✅ Raise loan limits from critical home repairs ✅ Cut USDA red tape (that hasn't been touched in a decade!) ✅
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America must let homebuilders build if we want to address the housing affordability crisis. Thanks to the work of @FinancialCmte and the Housing & Insurance Subcommittee, we’re finding bipartisan solutions to build more homes. Here's one of the barriers we can lift 👇
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At today’s @FinancialCmte hearing, I emphasized that under Joe Biden, cumulative inflation rose nearly 20%, driving up prices on everything from building materials to household essentials. By contrast, over the last 10 months, inflation has increased just 2.4%, a far more stable
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WATCH: @RepMonicaDLC on the primary driver of rising housing costs: “Where I live, which is in deep South Texas, affordability, and specifically housing affordability, is at the top of their minds, especially for the young families and young adults that are getting to that age
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WATCH: @RepMikeLawler on the need to focus on issues with supply when addressing the housing affordability crisis: “For many, it is the most difficult time to purchase a home in a generation. At the heart of this crisis is supply. We are probably over 8 million units underbuilt
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The rising cost of housing affects everyone. It's taking a toll. @FinancialCmte is holding a hearing today on reducing government roadblocks to housing supply. Here are my opening remarks on why we need to address housing supply and affordability 👇
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WATCH: @RepBryanSteil on the dramatic change in housing affordability over the years: "If we look back just at the median home [price] has increased significantly for families. The cost structure for families is a huge challenge. So, if we look back a generation ago in 1985, the
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Today in @FinancialCmte, I discussed meaningful ways we can reduce government roadblocks and expand opportunities to build new housing across America. The role of government should be to support the American dream of homeownership- not stand in the way. https://t.co/xntIx1ssQY
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WATCH: @RepTimmons on the urgent crisis of housing affordability: “Over the past decade, housing affordability has become one of the most urgent challenges facing American families. The nation has not built enough homes to meet demand and rising costs, combined with a complex
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WATCH: @RepRWilliams on how federal energy efficiency mandates are affecting the production of affordable homes: “… federal energy mandates have introduced significant compliance costs to the home building process, especially for new single family builds. The cumulative effect
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WATCH: Capital Markets Subcommittee Chair @RepAnnWagner on the affordability restrictions many Americans face: “Earlier this year, the National Association of Realtors, or NAR, released its housing affordability and supply report, which found that while housing inventory is
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WATCH: @PeteSessions questions witnesses on how Congress can cut back on regulations that are impeding building: “I think [the conversation] has gone away from the problems that we had with supply chain to actual rules and regulations … is the problem. Certainly, if you look at
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WATCH: Housing and Insurance Subcommittee Chair @USRepMikeFlood on the housing affordability crisis: “Housing affordability affects everyone. … The reason for this affordability problem is simple: we are not building enough homes in this country to meet the demand. We have a 5
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