Patrick McHenry


Policy

Patrick McHenry: The Lawmaker Who Built a Foundation for U.S. Crypto Legislation

The outgoing chair of the House Financial Services Committee deserves significant credit for getting the FIT21 market structure bill through the House in 2024.

(Pudgy Penguins)

Policy

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise

Rep. Maxine Waters, the top Democrat on the House Financial Services Committee, pitched a "grand bargain" to finish a stablecoin bill this year.

U.S. Securities and Exchange Commission Chair Gary Gensler took vigorous Republican criticism on his agency's crypto record at a hearing. (screen capture, House Financial Services Committee)

Videos

Could We Still See a Crypto Bill This Year?; FTX’s Accounting Firm to Pay SEC $1.95M in Settlements

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Rep. Patrick McHenry and Sen. Cynthia Lummis maintain their position that a chance remains for a crypto bill to clear Congress before the end of the year. Plus, FTX accounting firm Prager Metis agrees to pay $1.95 million in settlement to the SEC, and CFTC Chair Behnam speaks on the legal battle against Kalshi.

Recent Videos

Policy

U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year

Rep. Patrick McHenry and Sen. Cynthia Lummis said they're still shooting for crypto legislative action in the "lame duck" session after the November elections.

Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

Policy

U.S. House Committee Plans for Heap of Crypto Hearings in September

The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and "pig butchering" in a series of hearings the panel is set to schedule for next month.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)

Policy

Patrick McHenry Explains FIT21's Passage

The House Financial Services Committee Chair spoke at Consensus 2024.

Congressman Patrick McHenry (Nikhilesh De/CoinDesk)

Policy

U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year

Rep. Patrick McHenry – the chief GOP negotiator on crypto legislation – said future policy is now assured by a major bipartisan showing for his effort in the House of Representatives.

Rep. Patrick McHenry told a Consensus 2024 audience that crypto law is inevitable by next year. (Shutterstock/CoinDesk/Suzanne Cordiero)

Videos

Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict; CME's Plan for Spot Bitcoin Trading

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Tornado Cash developer Alexey Pertsev filed an appeal after being found guilty of money laundering. Plus, CME plans to offer spot bitcoin trading to clients, according to a report from the Financial Times. And, Rep. Patrick McHenry (R-N.C.) weighs in on next week's expected vote on U.S. legislation to regulate the crypto industry.

Recent Videos

Policy

U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

The legislation known as FIT21, which would set up a system to govern U.S. crypto markets, is headed toward a House vote, though that may mark the end of this effort.

U.S. Rep. Patrick McHenry got tied up as temporary Speaker of the House, distracting him from crypto legislation. (Jesse Hamilton/CoinDesk)

Policy

House Votes to Erase SEC Crypto Policy While President Biden Vows Veto

The House of Representatives voted in favor of a resolution to oppose the SEC's crypto accounting policy, Staff Accounting Bulletin No. 121, as President Biden defends it.

President Joe Biden is threatening to veto an effort in Congress to overturn the Securities and Exchange Commission's crypto accounting policy. (Chip Somodevilla/Getty Images)

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