'Pro-Crypto' Congressman Appointed as Next Republican Financial Services Committee Chair
JH Kim
Summary
- Congressman French Hill is set to be appointed as the Republican Financial Services Committee Chair.
- Hill is reported to have a very pro-crypto stance.
- Hill is expected to review issues of the crypto industry in the next Congress.
Eleanor Terrett, a Fox Business reporter, reported on the 12th (local time) via X (formerly Twitter) that "Pro-Crypto U.S. Congressman French Hill is set to succeed Republican House Financial Services Committee Chair Patrick McHenry, who is scheduled to retire in January."
She added, "French Hill is a very crypto-friendly figure and will review and investigate issues raised by the crypto industry in the next Congress."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
