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Wednesday, December 4, 2024

French Hill criticizes ICC decision and discusses FDIC proposal

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French Hill U.S. House of Representatives from Arkansas's 2nd district | Official U.S. House Headshot

French Hill U.S. House of Representatives from Arkansas's 2nd district | Official U.S. House Headshot

French Hill, a U.S. Congressman representing Arkansas’ 2nd district, recently shared his perspectives on various international and domestic issues through a series of tweets. Hill, who has been in Congress since 2015 after succeeding Tim Griffin, is known for his stance on financial regulations and community banking.

On November 26, 2024, Hill expressed strong disapproval of the International Criminal Court's (ICC) decision regarding Israeli officials. He described the action as “outrageous” and emphasized that it underscored why the United States has opted out of ICC membership. "The ICC’s decision to issue warrants for senior Israeli officials is nothing short of outrageous. This anti-Israel action highlights exactly why the U.S. has rejected ICC membership."

Later that day, Hill addressed concerns about a proposal from the Federal Deposit Insurance Corporation (FDIC). He argued that it could compel banks to alter their liability structures significantly without addressing actual risks leading to bank instability. ".@FDICgov's brokered deposit proposal will likely force banks, including ones that don't face restrictions on acceptance of brokered deposits, to significantly alter their liability structures, and does not address the actual risks that contribute to bank instability…"

In another tweet on November 26, Hill thanked individuals from Bloomberg Surveillance for their supportive comments about his vision for community banking. He reiterated his commitment to collaborating with former President Donald Trump's administration in advancing this agenda during the upcoming 119th Congress. "Thank you @FerroTV, @annmarie, and @lisaabramowicz1 of @bsurveillance for your kind words about my vision to make community banking great again. As we look ahead to the 119th Congress, I'll work very closely with @realDonaldTrump's admin to #MCBGA through regulatory and…"

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