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French Hill voted in to chair US House Financial Services Committee next year

  • French Hill, a crypto-friendly Republican, has been voted to chair the US House Financial Services Committee in the next year's new Congress.
  • Hill won the race against representatives Andy Barr, Bill Huizenga, and Frank Lucas, who are also supportive of cryptocurrencies.
  • He has championed crypto bills and legislation to regulate digital assets, demonstrating his commitment to the industry.
  • Hill will take over the position from the current Chair Patrick McHenry, aiming to enact a clear regulatory framework and consumer protections for the digital asset ecosystem.

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