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Hill Responds To Waters' Objection, Urges Action On Digital Asset Regulation

House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after Ranking Member Waters objected to today’s joint subcommittee hearing with the House Committee on Agriculture on the future of digital assets:

“Last Congress, 279 Members showed that they do not support the status quo. In the absence of safeguards and regulatory certainty, consumers, digital asset firms, and developers are stuck in regulatory limbo and bad actors will continue to flourish. Inaction isn’t a solution. Committee Republicans on Financial Services and the House Committee on Agriculture will continue to work with legislators on both side of the aisle who are serious about creating a lasting framework that protects Americans, encourages innovation, and brings digital asset leadership back to the U.S.” 

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