Incoming House Financial Services Committee Chair French Hill (R-Ark.) is maintaining neutrality toward an effort — reportedly under consideration by incoming Trump officials — to radically reshape or abolish parts of the U.S. banking system, including shuttering the Federal Deposit Insurance Corp.
Speaking to a group of reporters during the Blockchain Association Policy Summit on Tuesday, Hill said he hasn’t had any talks on those kinds of reforms with the Trump team yet but was “certainly open” to hearing them out.
Here’s the full response from Hill:
