[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-french-hill-says-sec-and-cftc-12601a1182e-5e58-7566-8681-6987115cddf5":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":11,"source":12,"reactions":13,"selfReactions":14,"logo":15,"sourceId":16,"sourceUserId":17,"asset":18,"tagsCategories":19,"totalComments":20,"lang":21,"unique_views_count":22,"enrichStatus":23,"triageKind":24,"triageImportance":25,"expandEligible":26,"summarizeEligible":26,"eventEligible":27,"eventType":28,"eventAction":28},"french-hill-says-sec-and-cftc-12601a1182e-5e58-7566-8681-6987115cddf5","1791406800000","French Hill says SEC and CFTC crypto rules fall short of legislation","\u003Cp>French Hill says SEC and CFTC crypto rules fall short of legislation\u003C/p>\u003Cp>By Lawrence Mondal\u003C/p>\u003Cp>Oct 7, 2026 at 9:00 PM UTC\u003C/p>\u003Cp>House Financial Services Committee Chair French Hill has renewed his push for a permanent US crypto law, saying regulatory action falls short of legislation as the Senate faces just 22 session days after November’s elections.\u003C/p>\u003Cp>Hill said SEC and CFTC crypto measures cannot provide the lasting framework Congress could establish. The Senate blocked CLARITY Act debate in September, with 49 votes supporting a 60-vote motion. Hill still hopes lawmakers can pass the bill during the post-election lame duck session. Seven commissioner seats remain vacant across the SEC and CFTC, according to the supplied report.\u003C/p>\u003Cp>Fox Business carried Hill’s comments in an Oct. 7 interview, during which the Arkansas Republican said the Securities and Exchange Commission and Commodity Futures Trading Commission had made progress on digital assets but their efforts “fell short” of a congressional solution.\u003C/p>\u003Cp>With the Digital Asset Market Clarity Act stalled in the Senate, Hill called for lawmakers to use the remaining congressional calendar to secure a permanent change in law. His preferred window is the lame duck session, when Congress returns after the November midterm elections and before the next group of lawmakers takes office in January.\u003C/p>\u003Cp>“We need that permanent law change to make sure America is number one in digital assets and blockchain technology.”\u003C/p>\u003Cp>In the interview, Hill said he still hoped Congress could pass CLARITY during that session. He also pointed to the limited time available, noting that the Senate has only 22 scheduled session days between the elections and the arrival of the next Congress.\u003C/p>\u003Cp>CLARITY Act still needs Senate agreement after the failed vote\u003C/p>\u003Cp>Senate records cited in September coverage show that the chamber’s setback concerned opening debate on CLARITY, rather than a final vote on whether to pass the legislation. On Sep. 15, the motion received 49 votes in favor and 50 against, with one senator absent, leaving supporters 11 votes short of the required 60.\u003C/p>\u003Cp>As crypto\u003C/p>","https://crypto.news/french-hill-says-sec-cftc-crypto-rules-legislation/","https://media.crypto.news/2026/07/sec1.webp","[\"News\",\"CFTC\",\"legislation\",\"SEC\"]","[]","126",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/crypto.news.png","Crypto.News",null,"","[\"Crypto\"]","0","EN","5","done","regulation",2,true,false,"none"]