Pro-Crypto Lawmaker Hill Eyes Digital-Asset, Banking Regulation
- Hill to lead House Financial Services Committee in January
- Arkansas Republican has previously backed crypto legislation
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A powerful House panel overseeing financial regulators and Wall Street is set to gain a new chairman who has cryptocurrency and banking deregulation at the top of his agenda as Republicans prepare to take unified control of Washington in January.
Representative French Hill, a former banker who has worked at the US Treasury Department, bested three other Republicans to win the gavel of the Financial Services Committee, a position from which he plans to push a massive policy repositioning from the Biden administration.