Washington, DC – Congressman Frank Lucas (OK-03) released the following statement Friday after he was appointed to the House Committee on Financial Services Digital Assets, Financial Technology, and Inclusion Subcommittee, as well as the Subcommittee on Capital Markets: “I’m excited in the 118th Congress I’ll be returning to the Financial Services’ Capital Markets Subcommittee- and joining the newly created Subcommittee on Digital Assets, Financial Technology, and Inclusion. From protecting consumers from the current Wild West crypto environment with a clear digital assets framework to ending the Biden Administration’s regulation- by-enforcement approach, businesses and consumers deserve a system that protects their hard-earned savings and access to credit,” said Congressman Lucas. “Under the leadership of Chairman McHenry, the Committee will pursue an agenda that strengthens public markets and access to capital and prioritizes the development of pro-innovation rules of the road for the digital asset ecosystem. Oklahoma’s Third District is capital intensive- Oklahoma’s economy is strong and thrives when the United States’ and the global economy are sound and healthy. I look forward to working with Chairman McHenry, my Subcommittee Chairs French Hill and Ann Wagner, and my colleagues on the Committee delivering on our Commitment to America.”

“I congratulate all of our Republican members on their subcommittee assignments for the 118th Congress,” said Chairman McHenry. “With such a competent and dynamic team, Committee Republicans are ready to hit the ground running with our oversight, opportunity, and innovation agenda. I look forward to working with this talented group.”