On January 14, the U.S. House Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a hearing examining the current financial technology landscape and how these products fit within the U.S. financial system and regulatory framework. Subcommittee Chair Bryan Steil (R-WI) emphasized that fintech products should have clear legal pathways for operations as well as strong consumer protections. Financial Services Committee Chair French Hill (R-AR) stated that regulators should foster partnerships, unlock innovation, and reduce unnecessary regulatory burdens, while Rep. Troy Downing (R-MO) highlighted the need for clarity from regulators — calling for clear frameworks rather than enforcement by action.