House Financial Services Committee Outlines First Hearings and Priorities
January 28, 2025
House Financial Services Committee (HFSC) Chairman French Hill (R-AR) outlined his committee’s agenda at the committee’s organizational meeting last week.
Shortly thereafter, the initial hearings schedule was made public. The following is a list of scheduled hearings:
Committee Hearing Schedule – February 2025
Full Committee Hearings
- "Making Community Banking Great Again"
📅 Date: Wednesday, February 5, 2025
🕙 Time: 10:00 AM ET
📍 Location: 2128 Rayburn House Office Building
- "The Federal Reserve’s Semi-Annual Monetary Policy Report"
📅 Date: Wednesday, February 12, 2025
🕙 Time: 10:00 AM ET
📍 Location: 2128 Rayburn House Office Building
- "Examining Policies to Counter China"
📅 Date: Tuesday, February 25, 2025
🕙 Time: 10:00 AM ET
📍 Location: 2128 Rayburn House Office Building
Subcommittee Hearings & Roundtables
- Oversight and Investigations Subcommittee
"Operation Choke Point 2.0: The Biden Administration’s Efforts to Put Crypto in the Crosshairs"
📅 Date: Thursday, February 6, 2025
🕑 Time: 2:00 PM ET
📍 Location: 2128 Rayburn House Office Building
- Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee
"A Golden Age of Digital Assets: Charting a Path Forward"
📅 Date: Tuesday, February 11, 2025
🕙 Time: 10:00 AM ET
📍 Location: 2128 Rayburn House Office Building
- Housing and Insurance Subcommittee
Roundtable on California Wildfires
📅 Date: Tuesday, February 11, 2025
🕑 Time: 2:00 PM ET
(Location not specified)
- Capital Markets Subcommittee
"From a Dream to IPO: Expanding Avenues to Obtain Capital for American Companies"
📅 Date: Wednesday, February 26, 2025
🕙 Time: 10:00 AM ET
📍 Location: 2128 Rayburn House Office Building
HFSC Priorities include the following:
Financial Institutions & Regulation
- Oversight of financial supervision, regulation, and deposit insurance
- Supporting community financial institutions and access to financial services
- Reducing regulatory burdens and strengthening consumer protection
- Enhancing mortgage credit and financial literacy
- Safeguarding personally identifiable information and improving payment systems
- Reviewing the Community Reinvestment Act and CDFI Fund
- Ensuring financial stability oversight
Capital Markets
- SEC oversight and implementation of the JOBS Act
- Regulation of broker-dealers, investment advisors, and asset managers
- Corporate governance, market structure, and securities litigation
- Monitoring credit rating agencies, PCAOB, and accounting standards
Housing & Insurance
- Addressing housing affordability and federal housing programs
- Strengthening housing finance and the secondary mortgage market
- Oversight of the National Flood Insurance Program and insurance availability
Monetary Policy: Oversight of the Federal Reserve system
National Security & Economic Policy
- Monitoring international economic conditions, trade, and multilateral development banks
- Reviewing CFIUS, AML/CFT measures, and financial crime enforcement (FinCEN, OFAC)
- Examining the Defense Production Act and currency policies
Digital Assets & Financial Technology
- Regulation of digital assets, Operation Choke Point 2.0, and CBDCs
- Innovation in consumer financial products and payment systems
- Advancements in Supervisory & Regulatory Technology
Artificial Intelligence: Examining the role of AI in financial services
Contact David McCarthy (dmccarthy@crefc.org) with any questions.