Chairman of the U.S. House Financial Services Committee: Supports Trump’s Digital Asset Executive Order

French Hill, Chairman of the House Financial Services Committee, and Bryan Steil, Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, issued a joint statement supporting President Trump's signing of executive orders related to digital assets. The two chairmen stated that the President's digital asset market working group will strengthen the United States' leadership position on the international stage.

It is worth noting that they also emphasized their position on prohibiting the issuance of central bank digital currencies (CBDC) in the United States, believing that this aligns with the goal of protecting Americans' financial privacy.