118th House Financial Services Committee Includes Subcommittee on Digital Assets

U.S. House Financial Services Committee Chairman Patrick McHenry announced the formation of the 118th House Financial Services Committee, which includes a newly formed Subcommittee on Digital Assets, Financial Technology and Inclusion.

The subcommittee's jurisdiction will cover, among other things:

• Providing clear rules of the road among federal regulators for the digital asset ecosystem
• Developing policies that promote financial technology to reach underserved communities
• Identifying best practices and policies that continue to strengthen diversity and inclusion in the digital asset ecosystem