Members of both parties in the U.S. Congress recently said that important cryptocurrency legislation is expected to be passed by the end of the year. French Hill, vice chairperson of the House Financial Services Committee, said at DC Fintech Week that FIT21 (the Digital Asset Regulatory Framework Act) and the stablecoin bill are expected to be considered between the November presidential election and the end of the year. Senator Kirsten Gillibrand shared a similar view, emphasizing that with several pro-cryptocurrency lawmakers leaving office, including House Financial Services Committee Chairperson Patrick McHenry, there may be enough will to push the bill through in December. House Majority Whip Tom Emmer has previously proposed attaching key elements of the cryptocurrency bill to important year-end spending bills, such as the National Defense Authorization Act (NDAA).