Chairman of the U.S. House Financial Services Committee: Supports Trump’s Executive Order on Digital Assets and AI

Odaily News French Hill, Chairman of the U.S. House Financial Services Committee, and Bryan Steil, Chairman of the Digital Assets, Fintech, and Artificial Intelligence Subcommittee, issued a joint statement expressing support for Trump's signing of an executive order related to digital assets. They also emphasized the position of banning the issuance of central bank digital currencies (CBDCs) in the United States, believing that this is in line with the goal of protecting the financial privacy of Americans.