Patrick McHenry Doubts an Anti-Crypto Bill Can Pass the Incoming Democratic House

Patrick McHenry Doubts an Anti-Crypto Bill Can Pass the Incoming Democratic House

Patrick McHenry, former chair of the House Financial Services Committee, doubts the Democratic House that takes over in January can pass anti-crypto legislation. Asked by co-host Austin Campbell about Sen. Elizabeth Warren‘s renewed push against crypto, McHenry said on Unchained’s Bits + Bips on Nov. 9 he did not think it possible to “pass an anti-crypto bill through the House.” Democrats won both chambers in the Nov. 3 midterms, taking at least…

Incoming US Congress more pro-crypto than past sessions: McHenry

A more pro-crypto Congress could reshape U.S. regulatory frameworks, potentially boosting market confidence and influencing global crypto policies.

McHenry Doubts Incoming Democratic House Can Pass Anti-Crypto Bill

He described the incoming Congress as more supportive of crypto across party lines than Congresses six and eight years ago and said Congress must grant spot-market authority to the CFTC chair.

Patrick McHenry doubts new Democratic House can pass anti-crypto legislation

🚨 Patrick McHenry questioned if the new Democratic House can pass anti-crypto laws. ⚡ McHenry cited increased support for crypto in both parties and noted Warren’s push. 🗳️ Voters shifted Congress’s balance, but anti-crypto sentiment has lost ground in $BTC policy debates. Continue Reading:Patrick McHenry doubts new Democratic House can pass anti-crypto legislation