The White House said Travis Hill serves as acting chairperson of the board of directors of the Federal Deposit Insurance Corporation.
In a recent public speech, Federal Deposit Insurance Corporation (FDIC) Vice Chairperson Travis Hill criticized the FDIC's stance on digital assets and called on banking regulators to issue new digital asset guidelines. Hill, who was appointed to the board by Republicans two years ago, criticized the FDIC's role in pressuring banks to give up crypto customers. "The FDIC's long-term goal is to reduce the number of people who are unbanked," he said.
Coinbase CEO Brian Armstrong responded to Travis Bloom's proposal to add the ability to send USDC over the Base network to the X platform. He said it would be a great feature and suggested discussing it with the X team. Jesse Pollak, head of protocols at Base, also retweeted the tweet.