TREE NEWS update: Representative French Hill said actions by the SEC and CFTC are not sufficient to regulate crypto markets and fall short of what the CLARITY bill would achieve. The House Financial Services Committee chairman said he hopes lawmakers can pass a cryptocurrency market structure bill before the next session of Congress in 2027.
House Finance panel chair says regulator actions on crypto ‘fall short’ of CLARITY bill
Hill's remarks frame the legislative-versus-agency divide as the central fault line in U.S. crypto oversight: the committee chair is effectively arguing that rulemaking by the SEC and CFTC cannot substitute for statutory market structure. That matters because it signals House leadership intends to keep CLARITY alive as the preferred vehicle, rather than defer to the regulators. The open question is whether that ambition survives a crowded calendar and the 2027 session change, and whether agency actions continue to fill the gap in the meantime.
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