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House Financial Service Committee

Reps. Patrick McHenry and Maxine Waters (Alex Wong/Getty Images)
Policy
Regulations
U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance
The House Financial Services Committee also adopted a bill giving the U.S. Secret Service more resources to investigate crypto crimes.
Reps. Patrick McHenry and Maxine Waters (Alex Wong/Getty Images)
By Nikhilesh DeJesse Hamilton
Feb 29, 2024 at 5:51 p.m. UTC
Feb 29, 2024
RegulationsHouse Financial Service CommitteeSECSecret Service
Legislation in the House of Representatives is on a collision course over a future U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)
Policy
Regulations
Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC
House Republicans want to ban U.S. CBDCs before they’re even formally proposed by the Federal Reserve, but one senior Democrat is pitching a bill that goes the other way.
Legislation in the House of Representatives is on a collision course over a future U.S. central bank digital currency. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Sep 14, 2023 at 4:24 p.m. UTC
Sep 14, 2023
RegulationsLegislationHouse Financial Service CommitteeCBDCsDigital Dollar
Lawmakers Spar over Stablecoin Bill; Amazon Dives Deeper into Web 3
Video
Amazon
Lawmakers Spar over Stablecoin Bill; Amazon Dives Deeper into Web 3
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Financial Services Committee Chair Patrick McHenry (R-NC) points to the White House for...
Lawmakers Spar over Stablecoin Bill; Amazon Dives Deeper into Web 3
By CoinDesk Staff
Jul 27, 2023 at 7:17 p.m. UTC
Jul 27, 2023
AmazonWhite HouseHouse Financial Service CommitteePatrick McHenryBlockchain Association of UkraineCd daily
Securities and Exchange Commission Chair Gary Gensler (Kevin Dietsch/Getty Images)
Finance
Prometheum
Crypto Lobbyists Ask SEC for Info on Prometheum, the Mysterious 'Regulated' Crypto Firm
The registered exchange backed Gary Gensler’s viewpoint in front of Congress. But now it's in the hot seat.
Securities and Exchange Commission Chair Gary Gensler (Kevin Dietsch/Getty Images)
By CoinDesk Staff
Jun 15, 2023 at 7:55 p.m. UTC
Jun 15, 2023
PrometheumGary GenslerSECHouse Financial Service Committee
Rep. Patrick McHenry (R-N.C.) (Suzanne Cordeiro/Shutterstock/CoinDesk)
Policy
Regulations
McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?
Rep. Patrick McHenry, who heads the House Financial Services Committee, accused the SEC of stonewalling questions on digital assets, so he threatened another hearing.
Rep. Patrick McHenry (R-N.C.) (Suzanne Cordeiro/Shutterstock/CoinDesk)
By Jesse Hamilton
May 11, 2023 at 8:00 p.m. UTC
May 11, 2023
RegulationsHouse Financial Service CommitteelawmakersSECSecurities and Exchange Commission
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.
U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)
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
Rep. French Hill (R-Ark.) will chair the new subcommittee on digital assets, financial technology and inclusion (Getty Images)
Policy
Legislation
US House Republicans to Set Up Crypto Committee to Oversee Shaky Industry: Report
The new subcommittee on digital assets, financial technology and inclusion will be chaired by Rep. French Hill (R-Ark.)
Rep. French Hill (R-Ark.) will chair the new subcommittee on digital assets, financial technology and inclusion (Getty Images)
By Nelson Wang
Jan 12, 2023 at 9:03 p.m. UTC
Jan 12, 2023
LegislationHouse Financial Service CommitteeCongressRegulationUS
FTX CEO John Ray III testifies in the U.S. House Financial Services Committee about the company's collapse. (U.S. House Financial Services Committee)
Finance
Regulations
With Founder Facing Charges, New CEO Says FTX Embezzled Customer Cash
Sam Bankman-Fried is now a criminal defendant, and CEO John Ray III told lawmakers FTX embezzled customer funds "right in front of their eyes."
FTX CEO John Ray III testifies in the U.S. House Financial Services Committee about the company's collapse. (U.S. House Financial Services Committee)
By Jesse Hamilton
Dec 13, 2022 at 4:37 p.m. UTC
Dec 13, 2022
RegulationsHouse of RepresentativesHouse Financial Service CommitteeHearingsFTX CollapseFTXUS
Rep. Maxine Waters (Sarah Morris/Getty Images)
Policy
Sam bankman-fried
House Financial Services Chief Waters Not Planning to Subpoena Sam Bankman-Fried: Report
However, Waters tweeted on Wednesday evening that "lies are circulating" that she's not willing to subpoena the disgraced former head of FTX.
Rep. Maxine Waters (Sarah Morris/Getty Images)
By Nelson Wang
Dec 7, 2022 at 10:00 p.m. UTC
Dec 7, 2022
Sam Bankman-FriedHouse Financial Service CommitteeMaxine Waters
Questions Lawmakers Should Ask Sam Bankman-Fried: Legal Expert
Video
Cdtv
Questions Lawmakers Should Ask Sam Bankman-Fried: Legal Expert
Former FTX CEO Sam Bankman-Fried tweeted that he will testify before the House Financial Services Committee after "learning and reviewing what happened" to his insolvent crypt...
Questions Lawmakers Should Ask Sam Bankman-Fried: Legal Expert
By CoinDesk Inc
Dec 5, 2022 at 4:00 p.m. UTC
Dec 5, 2022
cdtvSam Bankman-FriedFTXFM ClipHouse Financial Service CommitteeMurphy and mcgonigleJames murphy