Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats.Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats.
Recently appointed "AI and crypto czar" David Sacks only has 2 years to push through pro-crypto policies before the 2026 midterm elections in the United States, Joe Doll, the general counsel for NFT marketplace Magic Eden, told Cointelegraph in an interview.
According to Doll, the threat of a gridlocked government could stifle regulations, and the current administration must push through pro-crypto policies while still in control of both chambers of Congress. Doll said:
"The House majority is a real slim margin, and it probably flips because it almost always flips. So you could have a divided government that gets things locked up and frozen in two years. So we have 24 months to push through something important."
Trump's numerous appointments of pro-crypto individuals to advisory roles and cabinet positions are widely viewed as a positive development by the crypto community, as the incoming administration promises to pass pro-innovation policies.