U.S. House Committee on Financial Services chair previews fall agenda spanning community bank tailoring, CLARITY Act market structure and housing reforms

The U.S. House Committee on Financial Services released excerpts from Chairman French Hill’s remarks on IntraFi’s Banking with Interest podcast, where he outlined the Committee’s fall priorities across community banking, digital asset market structure, housing, and capital markets. On community banking, Hill reiterated a focus on tailoring federal supervision and regulation based on complexity and size, and said the Committee has marked up 27 bills that have passed out of Committee on a bipartisan basis and is now coordinating with Senate Banking Committee Chairman Tim Scott. On digital assets, he pointed to the CLARITY Act as a roadmap for a market structure framework and referenced efforts to build consensus that maintains anti-money laundering and Bank Secrecy Act protections and consumer protections, including support from 78 House Democrats. Housing plans include a Committee hearing in October and bipartisan work in the Housing Subcommittee on reforms to the U.S. Department of Housing and Urban Development’s HOME program, alongside engagement with Treasury Secretary Bessent on the secondary mortgage market and potential changes to the government-sponsored enterprises. Capital markets priorities include proposals to broaden investor access, review equity and U.S. Treasury market structure, expand the accredited investor standard based on experience and expertise, and lower public company costs including Securities and Exchange Commission and proxy-related costs and litigation risk. Next steps highlighted include the October housing hearing and continued House-Senate coordination to advance the Committee’s legislative package.