ChainCatcher news, according to Cointelegraph, in the 2024 U.S. elections, Republican candidates Jeff Hurd and Scott Perry defeated their Democratic opponents in Colorado's 3rd congressional district and Pennsylvania's 10th congressional district, narrowing the gap for the Republican Party to maintain a majority in the House of Representatives.
Hurd and Perry both support the FIT21 bill, which has received bipartisan support in the House and is awaiting a Senate vote. Both have been listed as 'strong supporters' by the 'Stand With Crypto' political initiative. Although the Republican Party controls the White House and the Senate, the majority party in the House has not yet been determined. According to 'Stand With Crypto', the next Congress is expected to be the 'most pro-cryptocurrency' in history.