According to CoinMeta, as reported by Axios, Hakim Jeffries, the leader of the Democratic Party in the U.S. House of Representatives, wrote to his party members on Wednesday, officially announcing his candidacy for the position of next Speaker of the House. He expressed his hope to gain the support of his colleagues and stated that once the Democrats regain control of the House, they must push for the major reforms that the American people demand. If elected, he would become the first African-American Speaker of the House in U.S. history.