Republican Representative Bryan Steil is advocating for clear regulations on cryptocurrency as he prepares to lead the House’s Subcommittee on Digital Assets, an essential Congressional body for blockchain policy development.

The GOP Representative from Wisconsin was introduced in the latest House leadership lineup by Rep. French Hill, who was elected to chair the entire House Financial Services Committee during Donald Trump’s presidency.

In a statement on Thursday, January 9, Hill mentioned that the House Committee and its Subcommittees, under the leadership of Rep. Bryan Steil and other Republicans, will “establish a regulatory framework for digital assets” aimed at safeguarding U.S. investors and fostering technology innovation within the country.

Representatives Hill and Steil have voiced their criticism towards agencies like the Securities and Exchange Commission and its outgoing chair, Gary Gensler, for the shortcomings in digital asset regulations. Gensler announced his resignation on January 20, coinciding with Trump’s inauguration. Trump nominated Paul Atkins, a pro-crypto advocate, as Gensler’s successor, pending Senate confirmation.

Bryan Steil and French Hill have backed crypto-related legislation in the House’s digital assets subcommittee, including FIT21, which aims to clarify regulatory authority and define crypto oversight. Steil also endorsed a stablecoin bill to govern U.S. dollar-pegged tokens on a national scale.

The House Financial Services Committee and its subcommittee on digital assets play a vital role in shaping crypto policy, positioning Steil at the forefront of an increasingly contentious issue in recent months and years.