French Hill Named Chair of House Financial Services Committee

The Arkansas Republican and crypto advocate will lead the influential panel overseeing financial regulation and cryptocurrency policy.

French Hill, a Republican from Arkansas, was selected by the GOP Steering Committee to chair the House Financial Services Committee for the upcoming 119th Congress.
Hill, a former banker and current chair of the digital assets subcommittee, has been a vocal advocate for cryptocurrency regulation and financial innovation.
The Financial Services Committee oversees key areas such as the Federal Reserve, Wall Street, and cryptocurrency markets, with Hill expected to prioritize lighter regulatory approaches and bipartisan cooperation.
Hill's leadership follows the tenure of outgoing Chair Patrick McHenry, who advanced significant crypto legislation, including the Financial Innovation and Technology for the 21st Century Act (FIT21).
Hill's selection has received broad support from financial industry groups and signals a continued focus on fostering innovation while addressing regulatory clarity for digital assets.