Members of the U.S. House Financial Services Committee on Oct. 16 named U.S. Rep. French Hill (R-AR) ranking member of the U.S. House Financial Services Subcommittee on National Security, International Development, and Monetary Policy.
“Ranking Member Hill has provided invaluable insight as the Republican leader of both the Task Force on Financial Technology and Artificial Intelligence,” said U.S. Rep. Patrick McHenry (R-NC), ranking member of the full House Financial Services Committee. “His commitment to pro-growth policies that benefit American workers and ability to reach across the aisle on important issues, like fostering American competitiveness, make him the ideal fit to lead this critical subcommittee.”
The subcommittee has jurisdiction over legislation in the U.S. House of Representatives related to international trade; the Export-Import Bank, International Monetary Fund, and the World Bank; and combating the funding of weapons proliferation, human trafficking, and illicit drugs, among other oversight duties.
“Since first arriving into office five years ago, I’ve worked to advance the idea that Arkansans are better off, both at home and abroad, when the United States leads on the global stage,” Rep. Hill said. “This includes not only enacting monetary policies that support American exports and jobs but also putting in place sanctions that strengthen our national security.”
Noting that “reliable and intelligent U.S. engagement in the world matters now more than ever,” Rep. Hill also said that during the last six months, he has sat down with international counterparts in Japan, South Korea, Colombia, Portugal, Hungary, and the United Kingdom to discuss improving their trading partnerships, fighting North Korea’s nuclear program, and combating the trade flow from South and Central America of illegal drugs.
“The United States and our allies face many challenges across the globe, and I believe that having an engagement plan that promotes pro-growth monetary policies and defeats authoritarianism will economically benefit all nations,” said Rep. Hill. The congressman said he looked forward to working with U.S. Rep. Emanuel Cleaver (D-MO), subcommittee chair, to find bipartisan solutions that continue strengthening the economy and national security.