 The bill would give Commodity Futures Trading Commission the authority to oversee cryptocurrency. U.S. Representative French Hill is the vice chair of the House Financial Services Committee, which introduced its oversight legislation in May. Hill attended the Senate's agriculture hearing and in an interview with Arkeys in the Beltway said he can tell the House legislation is influencing the Senate. We got a strong bipartisan vote in the House and spent two years working very carefully on a regulatory framework.