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TechFlow reports that French Hill, a crypto-friendly U.S. Congressman, is running for chairman of the House Financial Services Committee, aiming to succeed current chair Patrick McHenry, who has announced plans to retire in early 2025.
Hill is currently focused on stablecoin-related crypto legislation, as well as another bill that takes a comprehensive approach to regulating cryptocurrencies. He remains optimistic about the prospects of both bills.
U.S. Congressman French Hill, a crypto-friendly lawmaker, is running to become the next chair of the House Financial Services Committee, succeeding current chair Patrick McHenry, who announced plans to retire in early 2025. Hill is currently focused on cryptocurrency legislation related to stablecoins, as well as another bill that takes a comprehensive approach to regulating digital assets. He remains optimistic about the prospects of both bills.
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