Republican

Donald Trump

Perry

Two Republicans running for seats in the United States House of Representatives have defeated their Democratic challengers in the 2024 election, narrowing the gap for the party to keep a majority in the chamber.
The Associated Press (AP) <a data-ct-non-breakable="null" href="https://apnews.com/article/race-call-hurd-wins-colorado-u-s-house-district-032af8830c644717bb16206623806a46" rel="null" target="null" text="null" title="null">reported</a> on Nov. 7 that Republican Jeff Hurd had been declared the winner of his House race in Colorado’s 3rd congressional district with 50.1% of the vote and 89% reporting. Republican Scott Perry also won reelection in Pennsylvania’s 10th congressional district against Democrat Janelle Stelson.
While in office, Perry voted for The Financial Innovation and Technology for the 21st Century Act, or FIT21 bill, which <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/fit21-crypto-bill-house-vote-bipartisan" rel="" target="_self" text="null" title="https://cointelegraph.com/news/fit21-crypto-bill-house-vote-bipartisan">received bipartisan support</a> from lawmakers in the House and awaits a vote in the US Senate. According to Hurd’s campaign website, the Republican intended to support “legislation like the FIT21 bill” and favored “sensible regulations for advancing technologies like cryptocurrency.” 
<figure>
 <img alt="Cryptocurrencies, Politics, Voting, Colorado, US Elections 2024" src="https://s3.cointelegraph.com/uploads/2024-11/019307f1-8919-7b41-ab9a-c1f8c784f70a" title="">
 <figcaption style="text-align: center;">
 Source: <a data-ct-non-breakable="null" href="https://www.facebook.com/story.php/?story_fbid=323115364206790&amp;id=100095249866873" rel="nofollow noopener" target="_blank" text="null" title="https://www.facebook.com/story.php/?story_fbid=323115364206790&amp;id=100095249866873">Jeff Hurd</a>
 </figcaption>
</figure>
Hurd and Perry were included in a list of “strongly supportive” candidates endorsed by the political initiative Stand With Crypto, but Cointelegraph did not find any political action committees (PACs) supporting them through media buys. During the 2024 election cycle, crypto-backed PACs like Fairshake <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/representative-summer-lee-crypto-pacs-money-influencing-elections" rel="" target="_self" text="null" title="https://cointelegraph.com/news/representative-summer-lee-crypto-pacs-money-influencing-elections">poured hundreds of millions of dollars</a> into support for congressional candidates with views favorable to the industry.
<h2 id="the-future-of-crypto-policy-and-regulation-after-us-election">The future of crypto policy and regulation after US election</h2>
The two House wins were some of the latest results of the 2024 elections, in which Republicans took control of the White House and Senate. At the time of publication, the AP had called 210 seats for Republicans and 194 for Democrats. A party needs 218 seats for majority control.
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/us-election-majority-house-representatives" rel="" target="_self" text="null" title="https://cointelegraph.com/news/us-election-majority-house-representatives">US Election: House races still uncertain after Trump win</a>
Though a Democratic or Republican majority in the House had not been called at the time of publication, Stand With Crypto <a data-ct-non-breakable="null" href="https://x.com/standwithcrypto/status/1854040506927292755" rel="null" target="null" text="null" title="null">declared</a> on Nov. 5 that the next Congress “will be the most pro-crypto ever,” with lawmakers favoring crypto policies in the House and Senate staunchly outnumbering “anti-crypto” candidates who won in 2024. Sherrod Brown, one of the most vocal crypto skeptics in Congress, will leave the Senate in 2025 after <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bernie-moreno-wins-ohio-senate-pro-crypto" rel="" target="_self" text="null" title="https://cointelegraph.com/news/bernie-moreno-wins-ohio-senate-pro-crypto">losing to Republican Bernie Moreno</a>.&nbsp;
Some of the biggest targets of the industry could remain. Elizabeth Warren won reelection for the US Senate in Massachusetts against challenger John Deaton, a lawyer who has advocated for XRP (<a data-ct-non-breakable="null" href="https://cointelegraph.com/xrp-price-index" rel="" target="_self" text="null" title="https://cointelegraph.com/xrp-price-index">XRP</a>) holders. Securities and Exchange Commission Chair Gary Gensler’s term officially ends in June 2026, but President-elect Donald Trump has vowed to fire the regulator “on day one” in office.
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/crypto-voters-are-already-affecting-the-2024-presidential-election/" rel="" target="_self" text="null" title="https://cointelegraph.com/magazine/crypto-voters-are-already-affecting-the-2024-presidential-election/">Crypto voters are already disrupting the 2024 election — and it’s set to continue</a>

Pro-crypto Republicans win House seats as majority control still TBD

Table of Contents

Cointelegraph

Other articles published on Nov 7, 2024

Air Products Reports Fourth Quarter FY’24 with a Slight Revenue Miss

Bullish Momentum in the Crypto Market: Chainlink Eyes $40 Target

Sui Recognizes Sports Fans Through Strategic Partnership with Fan Engagement Platform Trace

Why Dogizen ICO Will Outperform TON as the 2025 Bull Run Ramps Up

Cronos Labs Strengthens Partnership With Google Cloud, Onboards Platform as Node Operator

Is the Crypto Bull Run Here to Stay in Moonvember?

Join our free newsletter for daily crypto updates!