UNCHAINED: Congressman French Hill on Crypto and His Top Pick for the Next SEC Chair
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 19 July 2024
⏱️ 40 minutes
🧾️ Download transcript
Summary
Rep. French Hill, who is running to chair the House Financial Services Committee, reveals his preference for the next SEC chair if Trump wins, gives his odds on a crypto bill passing by year’s end, and says he supports the CFTC regulating spot crypto markets.
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In this episode of Unchained, Congressman French Hill provides an insider's perspective on the present and future of crypto regulation. Hill delves into the ongoing legislation and the implications of the FIT21 Bill, shares his views on who should succeed Gary Gensler as SEC chair if Trump is re-elected, and discusses the controversial role of the CFTC in regulating the crypto industry. He also touches on the potential impacts of the Chevron doctrine being overturned by the Supreme Court, Trump’s evolving stance on crypto, and the latest developments in the Binance executive detention case in Nigeria.
Show highlights:
- How Rep. Hill's long-time passion for technological advancement led to his involvement in crypto and blockchain
- The current state of ongoing legislation and why Rep. Hill is proud of the FIT21 bill
- Who would be his top pick to chair the SEC if Trump is re-elected as president
- Why he supports having the CFTC regulate the spot crypto markets
- How he thinks teams should launch tokens in the US
- How he thinks the overturning of the Chevron doctrine will impact crypto
- Why Trump changed his mind on crypto, according to Rep. Hill
- Why Congressman Hill is running for chair of the House Financial Services Committee
- The update on Tigran Gambaryan, the Binance executive detained in Nigeria, whom Rep. Hill visited recently
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Guest:
Congressman French Hill
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk.
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Transcript
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| 1:06.7 | They swept up the entire banking industry without discussing that with the Federal Reserve |
| 1:12.6 | of the Treasury. |
| 1:13.5 | I find that wrong, you know, a little unbelievable, really, but certainly wrong. |
| 1:19.1 | And that's why we again have strong democratic support in overturning the approach that Gary |
| 1:24.9 | Gensler took. |
| 1:29.8 | Hi, everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, |
| 1:34.7 | Laura Shin, author of The Cryptopians. I started covering crypto nine years ago, and as a senior |
| 1:39.8 | editor Forbes, was the first Mainstream meter porter to cover cryptocurrency full-time. |
| 1:47.7 | This is the July 19th, 2024 episode of Unchained. |
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