CandleFocus Crypto Advocate French Hill Picked to Lead House Financial Services Next Year
2024-12-13
Author: Content Editor
House Republicans have elected Rep. French Hill as the new leader of the influential Financial Services Committee, giving a prominent pro-crypto advocate oversight of Wall Street. Hill, who currently chairs the committee's digital asset panel, has championed several crypto bills and has focused on banking access concerns for crypto firms. He will also oversee scrutiny of alleged regulatory efforts to restrict crypto companies' access to banking services. Hill's technical expertise and collaborative approach are seen as important for passing crypto legislation in Congress next year. He is expected to assume the chairmanship in January.
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