U.S. House Committee on Financial Services Chairman French Hill announced on Aug. 29, 2025, that he and Rep. Vicente Gonzalez led a bipartisan delegation to Italy, Switzerland, and Germany from Aug. 20 to 28 to strengthen U.S.-European ties on financial regulation and security. The lawmakers met with senior officials from both government and industry to discuss digital assets, tokenization, monetary policy, and transatlantic cooperation in response to Russia’s war in Ukraine. Hill stressed the scope of the trip:

In each of the three countries, the lawmakers discussed matters related to the expanding market for digital assets, tokenization, conduct of monetary policy, and the transatlantic partnership issues regarding national security.

Hill also highlighted the delegation’s effort to share recent U.S. policy changes with European partners. He stated: “We briefed our European partners on the digital asset policy landscape following the passage of landmark stablecoin legislation, and we shared views on the conduct of monetary policy and next steps in ensuring transatlantic security.” According to Hill, these conversations reinforced U.S. cooperation with Europe at a time when global financial regulation and security alignment are increasingly interconnected.

Gonzalez underscored the bipartisan nature of the mission, thanking European financial leaders for their engagement on digital asset regulation and monetary policy. He described meeting Pope Leo XIV as a deeply personal moment and said the pope’s message of cooperation added a unique dimension to the delegation’s work. Gonzalez added that he intends to continue collaborating with Hill and other committee leaders to ensure that both U.S. domestic priorities and international partnerships remain aligned. The lawmaker said:

I thank the leadership of Europe’s leading financial institutions for meeting with our bipartisan delegation to discuss key issues on monetary policy and digital assets.

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