Transcript: Rep. French Hill “Facing the Nation with Margaret Brennan, July 13, 2025

The following interview is the transcript.

Margaret Brennan: Now we are going to the Congressman French Hill. He is the chairman of the House of Finance Services. Be happy with the broadcast. It should not be listened to the two senators that started the program, because it was talking about holding some of these frozen Russian assets. You have transferred a bill and gave the president to actually seize the powers of the repo in the last management. The United States has never seized the central bank assets from another country. Do you know that the Treasury Department will do this now?

Rep. French Hill: Good, Margaret, it’s good to be with you. Yes, Of course, former Foreign Minister Mike Mikkaul and other people wanted to put these assets in our 2024 National Security Package during these assets, but we wanted to turn them into favor of Ukraine. However, in order to do this between the United States and Europe, we could never get a consensus, even though the US Parliamentary Assembly votes unanimously. So I called on President Biden to do so. We have received the interest of frozen assets to benefit Ukraine, but I think it is time to convert assets to the benefit of Ukraine to confidence. I am pleased to hear both senators Blumenthal and Graham support this idea. It’s time to do this and I encouraged the secretary Bessentini that this should be a priority for President Trump.

Margaret Brennan: On another topic, because you have a number of control in the financial space, I want to ask the Fed President Jerome Powell’s comments. The president says the economy is in good condition, but it is still complaining about the head of the Central Bank because it is a terrible job because it does not reduce interest rates. Today, the President’s best economic adviser in another network, the President of the White House president Powelle’s fire authority has the power authority. Do you believe the president has strength and authority to fire the Fed president?

Rep. Hill: You know, Margaret, I do not, and believe that the last few times, including the last few times, President Trump said. Mr. Powell’s chairmanship, chairmanship, separates another spring. There are vacancies on the Fed board called another governor of the president. However, due to the congress created and should be independent in the establishment of monetary policy, it does not mean that it is immunity to immune criticism. Every president has been synchronized since the leadership of the President, the words are the choice for the chairman of the President. So look, the congress continues to control. Since the 2008 financial crisis, I have set up a special task group to control the Fed’s decision. We continue this investigation, review and control and continue.

Margaret Brennan: I think that most presidents are not in social media posts, but not in social media posts that will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept that you will accept. But I want to ask you in CryptoDuty. Crypto, in many ways, in many ways, in many ways, there are no same kind of adjustment in the digital asset space available for banks and financial services. There are several measures this week.

Margaret Brennan: These rules do not make these rules a further basic rules, such as a more basic flowing, such as in such a black market, for example, use to control

Rep. Hill: Absolutely. Well, in the Senate in the Senate, which supports the plastio and Cynthia Lummis, what is a dollar, what is a commodity, how to use security, digital assets, how to maintain them, how to maintain them, how to maintain them, how to maintain them and maintain them. These will restrict access to investors of our institutions, which are trying to influence our market and investors to influence the cryptic markets of our market and investors. We have none of us today. The rules applied in the Biden administration have inconsistencies and believe that this week will protect investors, financial technology and cryptist and digital assets, protect consumers and protect America.

Margaret Brennan: You know, Sir, the concern is that the protection of consumers without a topical muscle behind it. It was interesting to see and said they had to prepare a proposal to review the Fannie Mae and Freddie Mac, Federal Apartment and Mac, Bill Pulte, a Federal Apartment Agency, which has a mortgage MAE and mortgage loans.

Margaret Brennan: Given the share of a large taxpayer in Fannie, Freddie, using Crypto, in many ways, you are comfortable using something you know in many ways to pay for a house?

Rep. Hill: Well, for example, see Bitcoin. You can buy Bitcoin now. This is a commodity. It was determined to be a commodity by CFTC and SEC. An ETF, etp you can save in broker accounts through the product that sells an exchange. Now it is an active for millions of Americans, and of course, can be treated as a contribution to a mortgage for a contribution to the net value or a bond or cash. If we expect our expects this week, we will be based on a bipartite and develop a stablecoin that supports a dollar as a genius proposed by Senator Hagerty, we will have road rules. There will be no patinia of consumer execution. This will be a real consumer execution, investor protection –

Margaret Brennan: – Low payment for a home –

Rep. Hill: – CFTC, Sec and Bank, by bank regulators. Well, look again. Bitcoin is active. If you think that the value or value of value or value is value or other investments, you have financial statements for net valuable purposes or other investments in the financial statements for net valuable purposes or financial statements for low payments, you will be worthwhile or worth it. So I think it’s a financial asset. Our bills will make it more reliable and better, I think that all households and enterprises.

Margaret Brennan

I’m in my time so I have to leave it there. Thank you, Congressman. We will be back.