Trump-backed Mike Johnson re-elected as Speaker of the U.S. House of Representatives

PANews reported on January 4 that according to CoinDesk, US Republican Representative Mike Johnson, who was publicly supported by Trump, was successfully re-elected as Speaker of the House of Representatives by a narrow margin. Mike Johnson previously voted in support of the Financial Innovation and Technology Act for the 21st Century (commonly known as FIT21) and the anti-Central Bank Digital Currency (CBDC) bill. The reelection of Mike Johnson (as well as the reelection of lawmakers like Tom Emmer) means that crypto-friendly members of Congress will likely push for cryptocurrency legislation in 2025.