According to Cointelegraph, the new candidate for the speaker of the US House of Representatives, Republican Representative Kevin McCarthy, has stated that if the Republican Party takes control of the House of Representatives, he will consider completely prohibiting lawmakers from holding and trading stocks, and this measure may be extended to cryptocurrencies. At present, the Republican Party will control the House of Representatives with a narrow majority after the 2022 midterm elections, while the Democrats will maintain a majority in the Senate. The new session of the US Congress will officially open on January 3. It is unclear whether Kevin McCarthy will lead the House of Representatives. . House Governance Committee Chairman Zoe Lofgren proposed a framework in September 2022 for lawmakers to amend the Stocks Act to prohibit members of Congress and the Supreme Court, as well as their spouses and dependent children, from "trading stocks or holding securities." , commodities, futures, cryptocurrencies, and other similar investments,” the Federal Open Market Committee approved similar rules prohibiting senior Fed officials from buying and holding cryptocurrencies.