U.S. Rep. Ritchie Torres (NY)
Recent News About U.S. Rep. Ritchie Torres (NY)
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Rep. Torres on FIT for the 21st Century Act: 'It protects crypto companies from arbitrary enforcement actions on the part of the SEC'
The House Financial Services Committee recently voted to advance the Financial Innovation and Technology (FIT) for the 21st Century Act. Congressman Ritchie Torres (D-NY), a member of the committee, said the bill will protect not only crypto users and investors, but also crypto companies, which he believes have been targeted by the U.S. Securities and Exchange Commission's (SEC) "regulation by enforcement" approach to the industry.