Dave McCormick secures a narrow victory in Pennsylvania’s Senate race, unseating Democratic incumbent Bob Casey. Known for his pro-crypto stance, McCormick’s win signals stronger advocacy for blockchain and financial innovation amid broader Republican gains in the 2024 elections.
Congressman French Hill (R-AR) is “optimistic” that U.S. lawmakers may pass crucial crypto legislation during its upcoming lame duck session, the representative told audiences at DC Fintech Week Tuesday. Legislation currently on the table includes the Financial Innovation and Technology for the 21st Century Act (FIT21) and the Clarity for Payment Stablecoins Act.
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam expressed optimism that Congress could pass crypto legislation in the United States following the 2024 U.S. presidential election.
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