Rep. Hill defends Powell, warns against baseless accusations

Rep. Hill on Powell Probe

House Financial Services Committee Chairman, Rep. French Hill (R-Ark.), expressed concerns regarding the investigation into Federal Reserve Chairman Jerome Powell. Hill emphasized the need for transparency and accountability within the Fed, highlighting the importance of their role in economic stability.

High Construction Costs

Rep. Hill also addressed soaring construction costs, which have surged by 20% over the past year. He pointed out that these rising expenses are impacting housing availability and affordability, stressing the urgency for legislative action to address these challenges in the housing market.