CandleFocus French Hill to Lead Powerful Congressional Panel Next Term: Report
2024-12-12
Author: Content Editor
Congressman French Hill has been named the next chair of the House Financial Services Committee, replacing Patrick McHenry. Hill has experience in the crypto industry, having chaired the Digital Assets, Financial Technology and Inclusion subcommittee and cosponsored the FIT21 Act, a market structure bill for the crypto industry. Maxine Waters will lead Democrats on the committee. Hill's appointment is seen as positive for the crypto industry as he has been supportive of crypto-related legislation in the past.
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