Patrick McHenry

Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)

Opinion

The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry

For too long, the regulatory landscape for digital assets in the United States has been an untenable. FIT21 represents a notable step in the right direction, Blockchain Associ...

By Kristin Smith

May 22, 2024 at 9:45 p.m. UTC

May 22, 2024

OpinionKristin SmithRegulationCongressBlockchain AssociationPatrick McHenry

U.S. Securities and Exchange Commission Chair Gary Gensler has been accused of misleading Congress on his ether views. (Jesse Hamilton/CoinDesk)

Policy

Regulations

House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum

The chairman of the House Financial Services Committee says Gensler refused to discuss his view on ETH in testimony even after the SEC was investigating it as a security.

By Jesse Hamilton

Apr 30, 2024 at 9:40 p.m. UTC

Apr 30, 2024

RegulationsEthereumETHPatrick McHenryGary GenslerSecurities and Exchange CommissionCongress

Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)

Policy

Regulations

Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg

Waters has previously called a version of the stablecoin bill “deeply problematic and bad for America."

By Amitoj Singh

Apr 25, 2024 at 7:31 a.m. UTC

Apr 25, 2024

RegulationsStablecoin legislationStablecoinPatrick McHenryCongressHouse of RepresentativesSenateMaxine Waters

House Republicans want U.S. Securities and Exchange Commission Chair Gary Gensler to explain the agency's view on ether and Prometheum. (Jesse Hamilton/CoinDesk)

Policy

Regulations

House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum

The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.

By Jesse Hamilton

Mar 26, 2024 at 8:26 p.m. UTC

Mar 26, 2024

RegulationsEthereumETHPrometheumSecurities and Exchange CommissionCongressHouse Financial Services CommitteePatrick McHenryGlenn Thompson

Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)

Policy

Regulations

House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally

Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.

By Jesse Hamilton

Dec 5, 2023 at 5:19 p.m. UTC

Dec 5, 2023

RegulationsPatrick McHenryCongressHouse Financial Services CommitteeElection 2024top news

Rep. Patrick McHenry, a longtime supporter of crypto legislation. (Jesse Hamilton/CoinDesk)

Policy

Regulations

U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules

Chairman of the House Financial Services Committee, Patrick McHenry (R-NC) and Congressman Ritchie Torres (D-N.Y) led a group of nine lawmakers in the effort.

By Amitoj Singh

Nov 16, 2023 at 6:56 a.m. UTC

Nov 16, 2023

RegulationsIRSU.S. Treasury DepartmentTaxPatrick McHenrybipartisanlawmakers

Rep. Patrick McHenry, temporary speaker of the U.S. House of Representatives, is a longtime supporter of crypto legislation. (Jesse Hamilton/CoinDesk)

Policy

Regulations

Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House

A staunch advocate for crypto industry regulation, Rep. Patrick McHenry has found himself as a stand-in Speaker of the House as crypto bills head toward the floor.

By Jesse Hamilton

Oct 3, 2023 at 11:03 p.m. UTC

Oct 3, 2023

RegulationsPatrick McHenryHouse Financial Services CommitteeHouse of RepresentativesLegislation

Republican lawmakers are questioning Securities and Exchange Commission Chair Gary Gensler on how Prometheum got its registration. (Kevin Dietsch/Getty Images)

Policy

Regulations

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel's Republicans to question the SEC and FINRA about the company’s unique sta...

By Jesse Hamilton

Aug 15, 2023 at 7:06 p.m. UTC

Aug 15, 2023

RegulationsSECSecurities and Exchange CommissionGary GenslerHouse Financial Services CommitteePatrick McHenryPrometheum

(Kevin Dietsch/Staff/GrettyImages/PhotoMosh)

Opinion

Money reimagined

The Need for Clarity in Washington – Not Just on Crypto

The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Po...

By Michael J. Casey

May 5, 2023 at 4:31 p.m. UTC

May 5, 2023

Money ReimaginedNewslettersOpinionFederal ReserveJerome PowellFOMCFederal Open Market CommitteeFederal Open Market Committee (FOMC)BipartisanshipPolicyCentral BankPatrick McHenryGary Gensler

U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)

Policy

Regulations

U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry

Rep. Patrick McHenry said the House Financial Services Committee and the Agriculture panel will meet jointly in May as they work on crypto legislation.

By Amitoj Singh

Apr 28, 2023 at 10:32 p.m. UTC

Apr 28, 2023

RegulationslawmakersCynthia LummisPatrick McHenryHouse Financial Service CommitteeCongressUnited StatesConsensus 2023House Agriculture Committee