Deep Tide TechFlow news, on December 13, according to market news, the new chairman of the U.S. House Financial Services Committee, French Hill, stated that he will focus on easing banking regulations, addressing capital formation issues to allow more companies to go public, and resolving the market structure issues of cryptocurrencies.

Previously, news reported that cryptocurrency supporter and U.S. Representative from Arkansas, French Hill, defeated three other competitors to become the chairman of the U.S. Financial Services Committee.