The Financial Services Committee has jurisdiction over all issues that affect the banking system, housing, insurance, and securities and exchanges. My responsibility on this Committee is to improve and strengthen regulatory processes, ensure we implement strong consumer protection standards, and monitor financial reporting tools that safeguard our national security. The Financial Services Committee is responsible for some of the most critical financial legislation over the last 20 years, including the Dodd-Frank Act, which was enacted after the 2008 Financial Crisis.
The Financial Services Committee is working hard to implement strong, practical solutions that keep families and households safe from financial schemes, maintain market integrity, and preserve financial technology businesses' potential to innovate responsibly.
In June 2022, I released a white paper discussing the need for a Centrally Backed Digital Currency. Along with many other benefits, the implementation of digital currency by the U.S. government could play a critical role in preserving the dollar’s role as the global reserve currency of choice. Read my proposal here.
Learn more about the work of the Financial Services Committee here.
More on Financial Services
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5/18/21 | Himes Chairs Hearing on Chinese Lending Practices |
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3/25/21 | Rep. Himes Chairs Hearing on Dismantling the Business of Human Trafficking |
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2/25/21 | Himes Chairs Hearing – Dollars Against Democracy: Domestic Terrorist Financing in the Aftermath of the Insurrection |
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1/27/21 | Himes Selected Chair of Subcommittee on National Security, International Development, and Monetary Policy |
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11/17/20 | Rep. Himes Announces $125,000 grant to Members Credit Union to increase Fairfield County residents’ access to the financial resources |
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12/5/19 | Himes Bipartisan Insider Trading Bill Passes House |
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5/10/19 | Himes Bipartisan Insider Trading Bill Passes Financial Services Committee |
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10/2/18 | Himes Introduces Portable Retirement and Investment Account Act |
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9/14/17 | Himes Introduces Bill to Protect Consumers from Credit Data Breach |
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11/4/15 | One month since SCOTUS opened doors to insider trading |