Bryan Steil Named Chair of Subcommittee on Digital Assets
- Bryan Steil appointed as chair of the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence.
- Steil supports FIT-21 and SAB 121 legislation for clear digital asset regulation.
- FIT-21 aims to balance innovation with investor protection in the crypto sector.
- SAB 121 addresses regulatory inconsistencies to prevent pushing innovation overseas.
- Steil criticizes SEC’s current crypto policies for stifling innovation and driving jobs overseas.
Bryan Steil’s appointment as chair emphasizes his commitment to fostering a balanced regulatory environment for digital assets, highlighted by his support for FIT-21 and SAB 121 legislation.