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French Hill

Republican Congressperson from Arkansas, 2

Notable statements

profile picture of French Hill

French Hill

@RepFrenchHill

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After tirelessly working across the aisle and across the nation over the past year to craft a clear, pragmatic regulatory framework for digital assets, I am proud that this landmark legislation, #FIT21, is coming to the House Floor. More below⬇️ https://t.co/WM8wPYRMZR
Very pro-crypto
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: #HappeningNow: Chairman @RepFrenchHill convenes the Digital Assets Subcommittee for a hearing entitled "Bureaucratic Ove…
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @IIBnews: .@RepFrenchHill talks crypto, SVB and other hot topics in a fireside chat with IIB CEO Beth Zorc at #IIBAWC24. https://t.co/Ao…
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @USRepMikeFlood: .@SECGov has virtually locked out the most regulated institutions from serving as custodians for digital assets. It’s t…
Very pro-crypto
Very pro-crypto
Very pro-crypto
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French Hill

@RepFrenchHill

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Today's spot #Bitcoin ETF approvals marks a historic milestone for the future of the digital asset ecosystem. The @FinancialCmte will continue to enhance consumer protection in the crypto market through market structure and payment stablecoin legislation. twitter.com/FinancialCmte/…
Very pro-crypto
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French Hill

@RepFrenchHill

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Digital assets are the future of development on the internet, and the United States must be a leader in this technology. We need a regulatory framework that facilitates innovation and investment for #crypto in a safe way. pic.twitter.com/PB5aVtIiwe
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Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: This is why we must pass the bipartisan #FIT21: ➡️ @CFTCbehnam says many digital assets are commodities. ➡️ @GaryGensl…
Very pro-crypto
Very pro-crypto
Very pro-crypto
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: #WATCH: Digital Assets, Financial Technology and Inclusion Subcommittee Chairman @RepFrenchHill at today's hearing: "In…
Very pro-crypto
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: The FIT for the 21st Century Act is the bipartisan solution to unlock the promise of digital assets in the U.S. Thanks…
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: "Chairman Gary Gensler’s SEC whiffs again." From an assault on digital assets to the climate disclosure rule to a priva…
Very pro-crypto
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French Hill

@RepFrenchHill

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Americans have a right to financial privacy. We do not need a #CBDC that can track your purchases like China does with their Digital Yuan. The authority rests with Congress, not unelected bureaucrats, to create and implement a CBDC. And that’s non-partisan.
Very pro-crypto
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French Hill

@RepFrenchHill

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I sent a letter alongside @PatrickMcHenry and @RepHuizenga to the @FederalReserve objecting to their efforts to undermine @FinancialCmte's progress on stablecoin legislation. The Fed has chosen to effectively prevent banks from issuing payment stablecoins. #crypto #digitalassets pic.twitter.com/QkQz1LtkaW
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Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: #NEW: Chairman @PatrickMcHenry slams @USTreasury & @IRSnews' Notice of Proposed Rulemaking on digital asset reporting re…
Very pro-crypto
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French Hill

@RepFrenchHill

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Everyone agrees the #crypto ecosystem needs regulatory clarity. The @SECGov and @CFTC need defined statutory authorities over digital assets to adequately protect investors and consumers. My bill, #FIT21, provides this clarity. pic.twitter.com/8FcmTY8u9g
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Very pro-crypto
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French Hill

@RepFrenchHill

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I sat down with @Steven_Ehrlich from @ForbesCrypto to discuss all things #crypto. Read more⬇️ https://t.co/kdiTuIABnf
Very pro-crypto
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French Hill

@RepFrenchHill

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@FinancialCmte is countering @GaryGensler and @SECGov on their unreasonable mandates that negatively affect businesses and the #crypto ecosystem. America should be the leader in web 3 development and digital asset innovation. WATCH⬇️ | @MorningsMaria https://t.co/zQju62oFcf
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Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: For digital assets to thrive in the U.S., Congress must provide legislative clarity to protect consumers and foster inno…
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @SquawkCNBC: Today, the House will begin the markup of two digital asset bills to establish a regulatory framework for #crypto. @Financi…
Very pro-crypto
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French Hill

@RepFrenchHill

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The FIT for the 21st Century Act, coauthored by myself and members on @HouseAgGOP, will provide clarity on the @SECGov and @CFTC's jurisdiction over digital assets, fill the gaps in the existing system and provide robust consumer protections. More ⬇️ #FIT21 @FinancialCmte https://t.co/dDYH3efJTX
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Very pro-crypto

Financial Innovation and Technology for the 21st Century Act

Cosponsored

To provide for a system of regulation of digital assets by the Commodity Futures Trading Commission and the Securities and Exchange Commission, and for other purposes.

Very pro-crypto
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French Hill

@RepFrenchHill

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RT @ACGeoEcon: LIVE NOW | Join us for a bipartisan conversation on the future of stablecoin legislation with @RepFrenchHill and @JaHimes ht…
Very pro-crypto
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: #WATCH: Digital Assets, Financial Technology & Inclusion Subcommittee Chairman @RepFrenchHill questions witnesses regard…
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: #NEW: Chairman @PatrickMcHenry & @RepFrenchHill release a digital asset market structure proposal with @HouseAgGOP Chair…
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: #WATCH: Chairman @RepFrenchHill at today's stablecoin hearing: "Without action from Congress ... stablecoin issuers wil…
Very pro-crypto
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: #WATCH: Subcommittee Chairman @RepFrenchHill at today's hearing on stablecoins: "It’s time for Congress to act and pass…
Very pro-crypto
Very pro-crypto
Very pro-crypto
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French Hill

@RepFrenchHill

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Consistency, regulatory framework, and transparency, so that investors, innovators, and consumers all know the rules of the road, will really help FinTech and blockchain develop here in the U.S. I joined @crypto yesterday to discuss FinTech. bloomberg.com/news/videos/20…
Very pro-crypto
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French Hill

@RepFrenchHill

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We want to make sure that America is the place for innovation in FinTech and blockchain and distributed ledger technology is part of that FinTech future. This morning, I joined @SquawkCNBC to discuss crypto and Financial Technology. My interview, below: cnbc.com/video/2023/01/…
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @MeetThePress: WATCH: Rep. French Hill (R-Ark.) will chair a new cryptocurrency House subcommittee. @RepFrenchHill: “We want innovation…
Very pro-crypto
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French Hill

@RepFrenchHill

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I am delighted that in the 118th Congress, I will serve in the pioneering role of Chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion of the @FinancialCmte, and as Vice-Chairman of FSC. My full statement, below: hill.house.gov/news/documents…
Very pro-crypto
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French Hill

@RepFrenchHill

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The collapse of FTX tells me that investors don't really know what they're doing in this space. We need to find a bipartisan solution to defining digital assets, how they should be valued, and how their users should be protected. My full interview, below: video.foxbusiness.com/v/6315747389112
Very pro-crypto
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French Hill

@RepFrenchHill

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I am committed to protecting consumer privacy and am working to stop any and all efforts by Democrats to develop a federal CBDC to spy on the American people. I introduced a bill that would ensure that the government studies what guardrails would be necessary to protect consumers
Very pro-crypto
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French Hill

@RepFrenchHill

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I understand why Americans are concerned about CBDCs and the potential for a Big-Brother-like surveillance state. I share these concerns. It is a priority of mine to make sure the federal government cannot and does not proceed with issuing a CBDC without Congressional approval.
Very pro-crypto
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French Hill

@RepFrenchHill

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I sent a letter with @FinancialCmte GOP Leader @PatrickMcHenry and Committee Republicans’ Digital Asset Working Group requesting Attorney General Garland provide his assessment on @federalreserve’s authority to issue a #CBDC. pic.twitter.com/2F376uYqsz
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Very pro-crypto
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French Hill

@RepFrenchHill

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RT @RepTomEmmer: We’ll be very clear: There is no alternative to authorizing a CBDC other than through legislation. And Congress won’t appr…
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @FinancialCmte: #NEW: @PatrickMcHenry, @RepFrenchHill, and members of Committee Republicans' Digital Asset Working Group are demanding A…
Very pro-crypto
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French Hill

@RepFrenchHill

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@Sackmaster13 I'm not. I introduced a bill in March 2021 simply directing the Federal Reserve to issue a report on central bank digital currencies (CBDC) to examine the effect a CBDC would have on consumers, businesses, and the economy. congress.gov/117/bills/hr22…
Very pro-crypto
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French Hill

@RepFrenchHill

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I’ve been urging consideration of a CBDC for nearly 3 years now and last year introduced HR 3506, the 21st Century Dollar Act, to make sure US government has a strategy to maintain the dollar as the primary global reserve currency, with or without a CBDC. pic.twitter.com/7RRV7Aji3T
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Very pro-crypto
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French Hill

@RepFrenchHill

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There’s a fair amount of agreement between @FinancialCmte Rs and @FSCDems when it comes to stablecoins, starting with their potential to improve the efficiency, cost, and speed of payments; expanding financial access; and facilitating the use and adoption of digital assets.
Very pro-crypto
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French Hill

@RepFrenchHill

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RT @YahooFinance: “Republicans in the House Financial Services committee want innovation in blockchain and cryptocurrencies and the develop…
Very pro-crypto
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French Hill

@RepFrenchHill

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Glad to join my colleagues on this bipartisan letter to @SecYellen. It's important that we encourage innovation and allow digital asset technologies to flourish by not having an overly broad definition of a crypto "broker" for the purpose of digital asset reporting requirements. twitter.com/FinancialCmte/…
Very pro-crypto
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French Hill

@RepFrenchHill

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For years, @RepBillFoster and I have advocated for the careful, thoughtful approach in designing a CBDC. While I am pleased to read Federal Reserve’s new report, I am disappointed it was released months behind schedule. It is important to not delay the work on CBDCs any further.
Neutral on crypto