Wisconsin Representative Bryan Steil has been appointed chair of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, succeeding Arkansas Representative French Hill. Hill will now lead the full House Financial Services Committee, focusing on establishing a regulatory framework for digital assets in 2025. Steil, who has been in Congress since 2019 and reported no crypto investments, received significant support from the crypto-backed PAC Fairshake during his reelection campaign.
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