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Hill said that the Trump family’s increasing ties to crypto companies have made the work of advancing digital asset legislation “more complicated.”
The Vault
February 06, 2025

House Republicans drop stablecoin draft

Republicans on the House Financial Services Committee released a new discussion draft for regulating stablecoins as legislative conversations pick up in the 119th Congress.

The draft, released late today, is being led by Chair French Hill (R-Ark.) and Rep. Bryan Steil (R-Wis.). Read the 47-page bill text here, named the STABLE Act of 2025.

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Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.
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