"Congratulations to my longtime ally and current Committee Vice Chairman French Hill on being selected as the next Chairman of House Financial Services Committee," McHenry said in a statement. "French's experience in the private sector, the Treasury Department, and as Vice Chair have prepared him for this role."
Hill has vast experience in financial services, having worked for his family's financial firm when he was a teenager before attending Vanderbilt University, where he earned an economics degree.
The committee routinely examines issues and proposed legislation relevant to these businesses, and it conducts investigations into issues of political and constituent concern.
Before French can actually take the committee's gavel, his nomination will need to be approved by the full House. But with Republicans remaining in control of the chamber through at least early 2027, he is expected to be easily confirmed.
#financial-services-committee #french-hill #house-of-representatives #republican-leadership #legislation-oversight
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