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The Breakdown With NLW Episode

Congressman Who Called Bitcoin an ‘Unstoppable Force’ to Become House Financial Services Committee Chair

Rep. Patrick McHenry will take the role over from Democrat Maxine Waters in the next Congress in January.
The Breakdown With NLW Episode
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This episode is sponsored by Nexo.io, Circle and Kraken.

On this edition of the “Weekly Recap,” NLW catches up on the latest U.S. regulatory news, including the legal battle around the Commodity Futures Trading Commission’s actions against the Ooki DAO, a new bill that would have the Environmental Protection Agency study crypto mining, and more.

See also: Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped


“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is "Back To The End" by Strength To Last. Image credit: Sarah Silbiger-Pool/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Congressman Who Called Bitcoin an ‘Unstoppable Force’ to Become House Financial Services Committee Chair