Pro-Crypto Lawmaker Hill Eyes Digital-Asset, Banking Regulation

December 17, 2024, 6:55 PM UTC

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.

But the affable Arkansan will need to navigate the slim and fractious House majority to see ...

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