U.S. House Committee on Financial Services Chairman French Hill issued a statement following the reopening of the federal government after a shutdown lasting more than 40 days, arguing that the closure stalled Congress’s work on financial services and related priorities. Hill highlighted delays to legislative activity affecting banking and housing policy, support for farmers, and extensions of the National Flood Insurance Program and the Defense Production Act. He said Committee Republicans will return to an agenda that includes reducing regulatory burdens for community banks, addressing housing affordability, expanding access to capital for U.S. businesses, and advancing digital asset market structure legislation toward enactment.
U.S. Financial Services Committee 2025-11-12
U.S. House Committee on Financial Services Chair French Hill issues statement on resuming work after government reopens
U.S. House Committee on Financial Services Chairman French Hill stated that the recent federal government shutdown delayed legislative work on banking, housing policy, and other priorities. Hill emphasized the Committee's focus on reducing regulatory burdens for community banks, addressing housing affordability, expanding capital access for U.S. businesses, and advancing digital asset market structure legislation.