Crypto-friendly Mike Johnson successfully re-elected as Speaker of the U.S. House of Representatives

ChainCatcher news, according to Coindesk, on Friday afternoon local time, Trump-backed Republican Congressman Mike Johnson successfully secured enough votes to be re-elected as Speaker of the House.

Johnson is considered a crypto-friendly individual, having previously voted in favor of the "21st Century Financial Innovation and Technology Act" (commonly known as FIT21) and the anti-Central Bank Digital Currency (CBDC) bill.

Johnson's re-election and Emmer's continued role as Majority Whip mean that crypto-friendly members in Congress are likely to push for crypto legislation in 2025.