On Friday afternoon local time, Trump-backed Republican Representative Mike Johnson received enough votes to be re-elected as House Speaker. Johnson is considered a crypto-friendly figure, having previously voted in favor of the 21st Century Financial Innovation and Technology Act (commonly known as FIT21) and the Anti-Central Bank Digital Currency (CBDC) Act. Johnson's re-election and Emmer's continued tenure as the majority whip mean that crypto-friendly members of Congress are likely to push for crypto legislation in 2025.