Patrick McHenry


Policy

Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments.

Sheila Warren writes Sam Bankman-Fried's case is a "tale as old as fraud." (Jesse Hamilton/CoinDesk)

Policy

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

House Financial Services Committee Chairman Patrick McHenry and the panel's ranking Democrat, Maxine Waters, reportedly met with the Senate's majority leader on next steps.

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Policy

Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year

The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.

U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)

Policy

Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill

The House Financial Services Committee chairman, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill, and Sen. Cynthia Lummis said the Senate's majority leader is open to it.

U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)

Videos

Crypto Advocate Rep. McHenry Says He Won't Seek Reelection

Rep. Patrick McHenry (R-N.C.), arguably one of the crypto industry's most important advocates in Congress, has decided not to seek another term, he announced in a post on X (formerly Twitter). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the possible implications for negotiations on current crypto bills and the broader U.S. crypto regulatory landscape. 

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Consensus Magazine

Patrick McHenry Is Dragging Crypto Bills Through Congress

The bowtied chairman of the House Financial Services Committee has shown persistence in the face of increasing partisanship on crypto issues.

U.S. Rep. Patrick McHenry in grey jacket and pink bow tie

Policy

Lesser-known Johnson Wins Speaker Job as Crypto-focused Lawmakers Return to Old Roles

Speaker of the House Mike Johnson of Louisiana was a subcommittee chairman until his colleagues gave him the big gavel on Wednesday.

The crypto-advocating members of the House of Representatives can go back to their old jobs now that Republicans have picked a new speaker. (Win McNamee/Getty Images)

Videos

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 derailing progress on stablecoin legislation. Plus, a new report from Crystal Blockchain provides an update on the role of crypto donations in Ukraine’s fight against Russia. And, Amazon unveils a new Web3 play. 

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Videos

White House’s 'Unwillingness to Compromise' Stalled Stablecoin Bill: Rep. McHenry

House lawmakers have failed to reach a bipartisan deal on stablecoins legislation, with Financial Services Committee Chair Patrick McHenry (R-N.C.) blaming White House intransigence for the stalemate while the panel's top Democrat said it was McHenry who shut down the talks. A White House spokesperson did not immediately respond to a request for comment. "The Hash" panel discusses the latest updates in U.S. crypto regulation.

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Videos

Rep. McHenry Grills SEC on Crypto in New Letter

House Financial Services Committee chairman Rep. Patrick McHenry (R-N.C.) accused the SEC of stonewalling questions on digital assets and threatened another hearing. Meanwhile, Terraform Labs founder Do Kwon is set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues, a court notice from Friday shows. CoinDesk's Managing Editor for Global Policy and Regulation, Nikhilesh De, shares the latest developments in crypto regulation.

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