[US Congressman French Hill calls on federal agencies including the SEC to suspend rulemaking] Golden Finance reported that Republican Congressman French Hill of Arkansas recently sent a letter to officials including Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), requesting a suspension of all ongoing rulemaking. Hill said that the public is deeply dissatisfied with the excessive regulation of the previous government, especially in the field of encryption, which may restrict innovation. He criticized the existing rules for constraining economic growth and stressed that these rules should be suspended to restore the balance between the government and the people. Hill's letter specifically mentioned the SEC's ATS regulations, worrying that the regulations may have an adverse impact on decentralized projects.