In the 118th Congress, Chairman Hill served as the Committee's Vice Chairman and as Chairman of the new subcommittee tasked with overseeing all areas related to digital assets and financial technology. Last Congress, he was also a member of the House Permanent Select Committee on Intelligence and the House Foreign Affairs Committee, where he brought important expertise from his experiences in international economics and national security.

From 1982 until 1984, Chairman Hill served on the staff of then-U.S. Senator John Tower (R-TX), as well as on the staff of the U.S. Senate Committee on Banking, Housing, & Urban Affairs. He then went on to serve for President George H.W. Bush as Deputy Assistant Secretary of the Treasury for Corporate Finance from 1989 to 1991. In 1991, at the age of 34, President Bush appointed Chairman Hill to be Executive Secretary to the President's Economic Policy Council (EPC), where he coordinated all White House economic policy. For his leadership and service at the Treasury and the White House, Chairman Hill was awarded the Distinguished Service Award by U.S. Secretary of the Treasury Nicholas Brady in January 1993.

Prior to his congressional service, Chairman Hill worked in investments and banking for three decades. Most notably, he was founder, Chairman, and Chief Executive Officer of Delta Trust & Banking Corporation from 1999 until 2014, when Delta Trust was sold to Simmons Bank.

Throughout his forty-year career, Chairman Hill has been active in civic affairs, serving as past President of the Rotary Club of Little Rock and as the 2013 Chairman of the Little Rock Regional Chamber of Commerce. He has received numerous awards and recognition for his long-time support of the Boy Scouts of America, the arts and humanities, tourism, and historic preservation in Arkansas. He is an avid outdoorsman.

Chairman Hill is a magna cum laude graduate in Economics from Vanderbilt University. He and his wife, Martha, reside in Little Rock. The Hills have a daughter and a son.