The U.S. House Financial Services Committee has announced its new leadership structure, appointing Bryan Steil as chair of the Digital Assets, Fintech and Artificial Intelligence Subcommittee. Steil criticized the SEC's approach to crypto regulation, claiming it hampers innovation and drives jobs offshore. Other key appointments include Bill Huizenga as Vice Chairman, Ann Wagner as Chair of the Capital Markets Subcommittee, and Warren Davidson as Chairman of the Subcommittee on Homeland Security, Illicit Finance and International Financial Institutions.



Other News from Today