House Committee on Financial Services Chairman French Hill (AR-02) issued the following statement after House Leadership announced a path forward on digital asset legislation:
"Congratulations to President Trump, Speaker Mike Johnson, Majority Leader Steve Scalise, and Majority Whip Tom Emmer for your engagement and hard work over the last few days to craft a strategy whereby President Trump’s digital asset agenda moves through the House and opens the door to a golden age of digital assets.
"I’m excited President Trump will soon sign Senator Bill Hagerty’s GENIUS Act into law establishing a federally regulated, U.S.-dollar-backed stablecoin. Likewise, I’m delighted the House will vote on the exceptional digital asset market structure framework crafted by House Agriculture Committee Chairman G.T. Thompson and Subcommittee Chairs Dusty Johnson and Bryan Steil. Further, the House will pass Majority Whip Tom Emmer's Anti-CBDC Surveillance Act, which will protect Americans' privacy and support private sector payment infrastructure innovation."
