PANews reported on January 4 that according to CoinDesk, Mike Johnson, a Republican congressman publicly supported by Trump, was successfully re-elected as Speaker of the House of Representatives by a narrow margin. Mike Johnson 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) Act. Mike Johnson's re-election (as well as the re-election of members such as Tom Emmer) means that cryptocurrency-friendly members of Congress are likely to promote cryptocurrency legislation in 2025.