#Quick News# Golden Finance reported that Tom Emmer, the majority whip of the U.S. House of Representatives, said that the "lame duck session" at the end of the year may be a key moment to pass major cryptocurrency legislation. He pointed out that although cryptocurrencies have made some progress in Congress, they face major challenges in the Senate. Emmer revealed at the CoinDesk Consensus 2024 conference that the 21st Century Financial Innovation and Technology Act (FIT21), which has been passed by the House of Representatives, may have to wait until the lame duck session to succeed. FIT21 has the support of 71 Democrats in the House of Representatives, but is opposed by President Joe Biden and former House Speaker Nancy Pelosi. In addition, efforts to overturn the U.S. Securities and Exchange Commission's accounting policy SAB 121 have also received support from a large number of Democrats in both houses of Congress, but Biden threatened to veto the resolution. Emmer said that Senator Elizabeth Warren has a great influence on the White House, and SEC Chairman Gary Gensler may also be about to step down. He reminded everyone to act cautiously when facing difficulties.