Lawmakers Back Trump's Push for Digital Asset Leadership 🇺🇸🚀
Key lawmakers are rallying behind President Trump's digital asset executive orders, signaling a big shift in U.S. financial policy. House leaders French Hill and Bryan Steil praised the administration’s efforts to maintain U.S. leadership in crypto innovation.
🔹 Key Points:
*/ The newly formed President's Working Group on Digital Assets aims to shape policies that foster innovation while protecting consumers.
*/ Lawmakers criticized past regulatory enforcement under former SEC Chair Gary Gensler, pushing for clear, supportive legislation instead.
*/ Strong opposition to a CBDC, with Trump vowing to protect financial privacy.
Lawmakers are committed to crafting a regulatory framework that ensures U.S. dominance in the digital asset space.