French Hill

French Hill Says Lawmakers Must Balance Consumer Protection and Innovation
French Hill Says Lawmakers Must Balance Consumer Protection and Innovation
October 25, 2023  |  Payments Innovation

FinTech firms’ products and services provide benefits that far exceed the risks they pose. So said Rep. French Hill of Arkansas, chairman of the House...

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Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
August 28, 2023  |  Regulation

A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the...

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US Lawmakers Debate Dueling Stablecoin Bill Drafts
US Lawmakers Debate Dueling Stablecoin Bill Drafts
May 18, 2023  |  Regulation

U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Both bills under consideration would allow both banks and non-banks to issue stablecoins. It was...

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Partisan Battle Lines See Crypto Stablecoin Payment Regulation Stalling Out
Partisan Battle Lines See Crypto Stablecoin Payment Regulation Stalling Out
April 19, 2023  |  Cryptocurrency

Two congressional hearings later, and crypto’s future in the U.S. remains as uncertain as ever. Fresh from Tuesday’s (April 18) House Financial Services Committee hearing...

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McHenry Questions FDIC and Treasury Chiefs on SVB Response
McHenry Questions FDIC and Treasury Chiefs on SVB Response
March 23, 2023  |  Banking

House Republicans want more answers from the White House on the recent banking crisis. The chair and vice chairman of the House Financial Services Committee...

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