Golden Finance reported that Republican members of the U.S. House Financial Services Committee announced that the House will vote on legislation clarifying the role of financial regulators on digital assets sometime this week. In a post on May 20, U.S. House Republicans said that the full House will vote on the 21st Century Financial Innovation and Technology (FIT21) Act "this week" to give the bill a chance to become law. The legislation will clarify how the U.S. Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) regulate digital assets. Since lawmakers passed the FIT21 bill in the House Financial Services Committee in July 2023, the bill has made little progress. In May, committee chairman Patrick McHenry said the House Rules Committee may approve the bill for a full vote in the House.