Congressman French Hill has expressed strong dissatisfaction with SEC Chair Gary Gensler's approach to cryptocurrency regulations, suggesting that Gensler should be replaced regardless of the outcome of the upcoming presidential election. Hill emphasized the need for new leadership at the SEC, stating that Gensler should prioritize leaving his position by 2025. This sentiment reflects a growing concern among some lawmakers regarding the SEC's regulatory stance on digital assets. Meanwhile, the House Financial Services Committee is preparing for a leadership transition as Chair Patrick McHenry plans to retire, prompting a competitive race among Republican representatives for key positions within the committee.