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Congressman Bill Huizenga (R-MI) stated that digital assets represent “the future” while addressing potential cryptocurrency policy during an important House Financial Services Committee hearing on Wednesday.
HFSC Conducts Important Crypto Hearing Amid Policy Discussions
Entitled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework,” the June 4 hearing primarily concentrated on issues related to the establishment of a regulatory framework for digital assets.
Happening Now:
Full Committee hearing reviewing the Committee’s digital asset market structure framework.
WATCH or LISTEN: https://t.co/3qbnUPa7SD— House Committee on Financial Services – Democrats (@USHouseFSC) June 4, 2025
Primarily addressing the CLARITY Act of 2025, the hearing featured several witnesses from the crypto sector, including former SEC commissioner Elad Roisman, Etheralize founder Vivek Raman, Uniswap Labs Chief Legal Officer Katherine Minarik, as well as former CFTC chairman Rostin Benham and Timothy Massad.
“I’ve been proudly engaged in this issue for over a decade, having served as the former chair of the capital markets subcommittee and being involved in oversight and investigations,” Huizenga remarked. “This is the future, and we need to get our act together.”
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Huizenga’s remarks follow closely on the heels of reports indicating that the chair of the House Financial Services Oversight subcommittee plans to run for Michigan’s open Senate seat in 2026.
Huizenga is recognized for his supportive stance on cryptocurrency issues affecting the blockchain industry, having co-sponsored digital asset legislation such as FIT21 and the CLARITY Act.
This development may displease traditional Trump supporters, as Republicans are largely backing former Michigan congressman Mike Rogers to run for Senate in 2026.
Crypto donors have already started to show their support in the race, with the new crypto super PAC First Principles Digital expected to endorse Rogers as election day approaches.
Rogers also has a favorable record regarding cryptocurrency and holds an A rating on the digital asset advocacy organization Stand With Crypto’s politician ranking database.
“Ensuring that crypto, the next generation of internet information and value flow, is infused with American values — and payments denominated in American dollars — is essential,” Rogers stated in a recent op-ed published in The Washington Examiner. “Our national security is directly linked to the strength of our economy, and the dollar maintaining its status as the global reserve currency.”
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