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Arkansas Rep. French Hill has unveiled a new plan aimed at revitalizing community banking as part of his bid to become the next chair of the House Financial Services Committee. Hill's proposal includes a commitment to investigate the crypto-focused Operation Choke Point 2.0, which he has identified as his top priority for the next Congress. Hill's stance has garnered support from various sectors, including the Bitcoin and cryptocurrency communities, who are urging leaders to back his efforts to end debanking practices by federal bank regulators.
We need Rep. French Hill to chair the House Fin Serv committee. He has pledged not only an end to OCP2.0 but a full investigation https://t.co/4O8h5Khd7t https://t.co/rh0jc6QgNt
This is big news. Every Bitcoin/crypto company CEO needs to get behind @RepFrenchHill on this. End chokepoint now and forever and punish the perpetrators! https://t.co/kK9Z9IgSGS
JUSTICE, IT'S A COMIN'โ๏ธ--this is from @RepFrenchHill: ending #debanking by federal bank regulators & #OperationChokePoint2.0 is his #1 priority for next Congress. I salute him for his stand๐& am ready to help with his investigation into the [mis]conduct. https://t.co/VJJVWa0zWL https://t.co/kFo95B0JTo
