Patrick McHenry

US Lawmakers Debate Dueling Stablecoin Bill Drafts
US Lawmakers Debate Dueling Stablecoin Bill Drafts
May 18, 2023  |  Regulation

U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Both bills under consideration would allow both banks and non-banks to issue stablecoins. It was...

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McHenry: Biden Created ‘Perfect Storm’ for Banking Crisis
McHenry: Biden Created ‘Perfect Storm’ for Banking Crisis
May 17, 2023  |  Bank Regulation

A top House Republican says White House “mismanagement” helped trigger the recent banking crisis. Rep. Patrick McHenry (R-N.C.) chairs the House Financial Services Committee, which...

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McHenry Questions FDIC’s Response to Banking Failures
McHenry Questions FDIC’s Response to Banking Failures
May 01, 2023  |  Regulation

A leading House Republican is questioning the federal government’s response to First Republic Bank’s collapse. In a statement issued Monday (May 1), House Financial Services...

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Rep. McHenry: House Crypto Legislation Is Weeks Away
Rep. McHenry: House Crypto Legislation Is Weeks Away
April 30, 2023  |  Cryptocurrency

The head of the House Financial Services Committee expects to soon put forth cryptocurrency legislation. Rep. Patrick McHenry, R-N.C., told an audience at CoinDesk’s Consensus...

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Hearings on Crypto’s Regulatory Gaps Do Little to Fill Them
Hearings on Crypto’s Regulatory Gaps Do Little to Fill Them
April 27, 2023  |  Cryptocurrency

Congress has rebranded cryptocurrency to “digital assets,” but still can’t chart a go-ahead future. As evidenced by two hearings held in tandem Thursday (April 27)...

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Partisan Battle Lines See Crypto Stablecoin Payment Regulation Stalling Out
Partisan Battle Lines See Crypto Stablecoin Payment Regulation Stalling Out
April 19, 2023  |  Cryptocurrency

Two congressional hearings later, and crypto’s future in the U.S. remains as uncertain as ever. Fresh from Tuesday’s (April 18) House Financial Services Committee hearing...

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House Set to Examine the Future of US Stablecoins
House Set to Examine the Future of US Stablecoins
April 16, 2023  |  Cryptocurrency

U.S. lawmakers this week will hold hearings that could decide the future of stablecoins. The House Financial Services Committee is due to meet Wednesday (April...

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McHenry Questions FDIC and Treasury Chiefs on SVB Response
McHenry Questions FDIC and Treasury Chiefs on SVB Response
March 23, 2023  |  Banking

House Republicans want more answers from the White House on the recent banking crisis. The chair and vice chairman of the House Financial Services Committee...

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HFSC Chairman Patrick McHenry Welcomes Banks’ Support of First Republic
HFSC Chairman Patrick McHenry Welcomes Banks’ Support of First Republic
March 17, 2023  |  Banking

House Financial Services Committee Chairman Patrick McHenry is among those welcoming banks’ support of First Republic Bank. The congressman said in a Thursday (March 16)...

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