US Crypto Regulation Sees New Leadership With Key Appointments
by aria-crypto.com
January 9, 2025 at 18:41
US Crypto Regulation Sees New Leadership With Key Appointments
The U.S. House Financial Services Committee has undergone a significant transformation, appointing Bryan Steil as the chair of the Digital Assets, Fintech and Artificial Intelligence Subcommittee. This development, initially reported by Eleanor Terrett of Fox News, signals a pivotal shift in financial regulatory focus in the United States. Bryan Steil criticized the SEC's current regulatory framework for digital assets, highlighting its negative impact on innovation and the domestic job market. His role will be principally concerned with legislating priorities across digital assets, fintech, and AI, which are areas of substantial innovation and regulatory interest. Other notable appointments include Bill Huizenga as Vice Chairman, Mike Haridopolos, and Ann Wagner, with responsibilities ranging from capital markets to financial institutions and home insurance subcommittees. These changes demonstrate a strengthened commitment to handling the complexities of emerging financial technologies within a structured legislative framework.
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