HomeCrypto GamingHouse's Patrick McHenry Won't Seek Reelection, Costing Crypto a Top Ally: Politico

House’s Patrick McHenry Won’t Seek Reelection, Costing Crypto a Top Ally: Politico

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As McHenry, the chairman of the Home Monetary Providers Committee, continues to shepherd two important items of digital property laws towards ground votes within the Home of Representatives, his determination might set a clock on getting that activity completed. Rep. French Hill (R-Ark.), the chair of that panel’s crypto-focused subcommittee, has already indicated that progress on the payments – one to manage U.S. stablecoin issuers and one to determine guidelines for the broader crypto markets – will shift into the primary months of subsequent 12 months.

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