Rep. Hill Delivers Remarks at Hearing to Break Down SEC’s Approach to Digital Assets
House Committee on Financial Services, Subcommittee on Digital Assets, Financial Technology Inclusion · September 18, 2024
The subcommittee chair opened the final session of the 118th Congress for the Subcommittee on Digital Assets, Financial Technology Inclusion, summarizing recent legislative wins (including Clarity for Payment Stablecoins and the FIT 21 framework) and sharply criticizing the SEC and its chair for what he called politicized enforcement and unclear guidance. He closed by thanking witnesses and recognizing the ranking member for an opening statement.
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