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We actually give the roadmap to these two agencies. And it's much better than current law,

where Chairman Gensler loses in federal court. He doesn't have a clear roadmap on what's

a security, what's a commodity. He encourages people to come in and register, and then he never

returns their phone call. The Financial Innovation and Technology for the 21st Century Act, also known as Fit 21, is set to be

voted on in the House later today. Fit 21 would establish a clear framework for digital assets

in the United States, identifying where and how each token and exchange might be regulated.

The Republican bill has garnered bipartisan support

and several Democrats are pushing their colleagues to vote. Yes, joining us now is Congressman

French Hill who heads the crypto subcommittee. Congressman, welcome to First Mover.

You bet. Jent's great to be back with you. It's great to have you here again. Now, a big day. Everyone is waiting for this vote that's scheduled for later this afternoon. I want to get into your head a little bit. What do you think is going to happen?

Well, it's a historic day because it's the first time that our nations come together and

had a comprehensive bill that supports Web 3, blockchain development, and the future of

...