Texas banking trades praise incoming financial services chairman
(AUSTIN) – The Texas banking community congratulates Congressman French Hill (R-AR) on his election as Chair of the influential U.S. House Financial Services Committee. Congressman Hill, a former community banker and aide to late Texas U.S. Senator John Tower, brings Lone Star State ties and a wealth of experience to the role.
“French Hill knows that banks of every size—especially community banks—are critical to the success of small businesses and local economies. Chairman-elect Hill’s reform-minded plan for banking will empower America’s hometowns rather than feed Washington’s insatiable bureaucracy. With experience as a banker and strong Texas delegation relationships, the Texas Bankers Association is excited about the energy and common-sense leadership French will bring to the Financial Services Committee.”
Chris Furlow
President & CEO
Texas Bankers Association
“Congressman French Hill will provide much needed leadership in Washington to the mortgage markets in the next Congress. He possesses an unparalleled knowledge of housing, the need for a healthy residential real estate environment, and the importance of appropriate and prudent regulation. With his unique background in the public and private sector, he is distinctively suited to become the next Chairman of the House Financial Services Committee. On behalf of the Texas Mortgage Bankers Association, we congratulate incoming Chairman Hill on being selected to lead the Financial Services Committee, and look forward to working with him next year.”
W. Scott Norman
CEO
Texas Mortgage Bankers Association
“The next Congress will serve as a watershed moment for the future of financial services in America. Chairman French Hill will provide much needed balance between responsible innovation and the preservation of our current banking system. He knows the strength of America’s economy begins on Main Street and that Independent Community banks must be a part of every scenario for the future success of our nation. IBAT looks forward to working with Chairman Hill to create conditions for a resurgence of community banking nationwide.”
Christopher L. Williston VI, CAE
President and CEO
Independent Bankers Association of Texas
As Chair, Congressman Hill is expected to prioritize critical issues, including regulatory modernization, promoting financial innovation, and enhancing access to capital for small businesses. His record of championing legislative solutions, such as the Small LENDER Act and measures to reduce regulatory burdens on community banks and smaller financial institutions, underscores his commitment to a robust and inclusive financial sector.
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About Texas Bankers Association
Founded in 1885, the Texas Bankers Association is the largest state-based banking association in the US. TBA advocates for nearly 400 member banks in Austin and Washington, trains more than 20,000 bankers annually, provides nationally recognized community bank services, and invests in Texas communities through financial literacy, scholarship, and charitable activities.
About Texas Mortgage Bankers Association
TMBA’s mission is to be committed to being a quality-focused association of real estate finance professionals that provide the best educational resources, government advocacy, and industry interaction available for building a viable, competitive, and profitable mortgage lending and servicing industry in the State of Texas.
About Independent Bankers Association of Texas
Formed in 1974, the Independent Bankers Association of Texas (IBAT) represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation with membership comprised of almost 5,000 banks and branches in more than 700 Texas communities. Providing safe and responsible financial services to all Texans, IBAT member bank assets range in size from $28 million to $51 billion with combined assets statewide of $296 billion. IBAT member banks are committed to supporting and investing in their local communities.