Key lawmakers back President Trump’s bold move on digital assets, signaling a seismic shift in U.S. financial policy and innovation leadership.
Lawmakers Hail Executive Orders on Digital Assets
House Financial Services Committee Chairman French Hill and Digital Assets Subcommittee Chairman Bryan Steil have applauded President Donald Trump for his recent Executive Orders on digital financial technology. In a joint statement on Jan. 24, the lawmakers praised the administration’s commitment to maintaining U.S. leadership in the global digital asset sector. They highlighted the importance of the newly established President’s Working Group on Digital Asset Markets, emphasizing its potential to foster collaboration among Congress, key officials, and agencies in crafting effective policies.
Reflecting on past challenges in regulating digital assets, Hill and Steil criticized the enforcement-focused approach of former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler.
Source - Bitcoin News
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