The House Financial Services Committee held a hearing titled "Make Community Banking Great Again" on February 5, 2025, chaired by Rep. French Hill. The hearing focused on the regulatory challenges faced by community banks, with various committee members emphasizing the need for reforms to alleviate burdens imposed by the Biden administration and the Dodd-Frank Act. Rep. Andy Barr highlighted the importance of allowing community banks to serve American families, farmers, and small businesses without excessive regulatory constraints. Rep. Maria Salazar expressed her commitment to supporting community lending, while Rep. Ann Wagner noted that 90% of the banks in Missouri’s 2nd district are community banks. The discussion also touched on the potential for community banks to innovate in the blockchain and digital asset space, as mentioned by Cody Carbone. Overall, the committee aims to strengthen community banks as essential financial institutions.