Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand.
U.S. House Will Have Crypto Bill in 2 Months: McHenry
AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the “next two months” after holding joint public hearings starting May, said Patrick McHenry (R–N.C.), chair of the House Financial Services Committee.
Why the Politics of Crypto Feels Different This Time
Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now.
Europe ‘Ahead of the Game’ in Web3 After MiCA Law, U.S. House Finance Chair Says
Patrick McHenry is seeking to push his own stablecoin bill through Congress but faces Democrat skepticism
US lawmakers argue SEC accounting policy places crypto customers at risk
While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators.
U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.
New House Financial Services Committee chair wants to delay crypto tax changes
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.
Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto
House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held.
US Congressman: ‘Race to Regulate’ Won’t Solve Crypto Fraud
While fraud and ‘bad actors’ are a concern in the crypto industry, US Rep. Patrick McHenry says Congress should not rush to regulate.