WASHINGTON —
"This experienced leadership team will drive our policy agenda," Hill said in a statement. "Together, we will right-size the regulatory system for particularly community banks, create a regulatory framework for digital assets that will protect investors and consumers while keeping innovation in America, and ensure agencies are focused on their core statutory directed missions and not political agendas that we have seen from many of the Biden-Harris agency leads."
Rep. Bill Huizenga, R-Mich., will be the committee's vice chairman, the position that Hill occupied last Congress. Huizenga won attention from GOP leadership last Congress in his work leading the panel's subcommittee on investigations,
Rep. Bryan Steil, R-Wis., meanwhile, will step into Hill's former role leading the subcommittee on digital assets, financial technology and artificial intelligence.
Steil is known as a crypto advocate, and has
He has introduced legislation on fintech issues in the past, including the
Steil received support from the crypto industry during the 2024 election, including a more than $760,000
Rep. Dan Meuser, R-Pa.,
"By conducting thorough investigations and maintaining robust oversight, we will expose the negative impacts of the Biden Administration's failed policies and pave the way for the incoming Trump Administration to restore economic prosperity," Meuser said in a statement following his appointment.
Rep. Mike Flood, R-Neb., will be the chairman of the subcommittee on housing and insurance. Nebraska is home to Mutual of Omaha, one of the country's largest insurers, and the state experiences major flooding with the rising of the Missouri river, including historic floods last year and in 2019.
Flood is also a major crypto advocate, having
Rep. Warren Davidson, R-Ohio, who previously chaired the subcommittee on housing and insurance, will become the chair of the subcommittee on national security, illicit finance and international financial institutions.
Other subcommittee heads remained the same. Rep. Andy Barr, R-Ky., will continue to be chair of the subcommittee on financial institutions, and Rep. Ann Wagner, R-Mo., will continue to chair the subcommittee on capital markets.
The HFSC will also now have a whip, Rep. Mike Haridopolos, the Trump-endorsed freshman from Florida. Rep. Mike Lawler, R-NY, who takes the newly created spot of the panel's vice chair for communications, will "lead the design of our internal and external communications strategy for Committee Republican wins."
