Congress · 118th Congress
Guide to House committee chairs for 118th Congress
George Santos, R-N.Y., among other topics. Financial Services The GOP Conference backed Patrick T.
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George Santos, R-N.Y., among other topics. Financial Services The GOP Conference backed Patrick T.
Bankman-Fried supported a bill introduced by Senate Agriculture Chairwoman Debbie Stabenow, D-Mich., and co-sponsored by ranking member John Boozman, R-Ark., that would allow the CFTC oversight of
Patrick T. McHenry, R-N.C., to get legislation to the president’s desk.
Cynthia Lummis, R-Wyo., and co-sponsored by Sen. Kirsten Gillibrand, D-N.Y., and another introduced by House Agriculture ranking member Rep. Glenn “GT” Thompson, R-Pa., and backed by Reps.
Cynthia Lummis, R-Wyo., called the FTX collapse the “clearest example yet of why we need clear rules of the road for digital asset exchanges in the United States.”
French Hill, R-Ark., illustrate the growing chasm between the two parties over a government-backed digital dollar.
A handful of House Republicans led by Financial Services ranking member Patrick T. McHenry, sent a letter this month to Attorney General Merrick B. Garland asking for a copy of the assessment.
Toomey, R-Pa., for example, has chastised regulators for not providing more clarity.
In the House, Financial Services Chairwoman Maxine Waters, D-Calif., and ranking member Patrick T.
Tom Emmer, R-Minn., that would prevent tokens from being considered securities. Another bill, introduced in the last Congress by then-Rep. K.
John Thune, R-S.D., asked him during a confirmation hearing to compare his agency’s role with the SEC and how he would coordinate on virtual currencies.
Maloney, D-N.Y., and Peter T. King, R-N.Y., had hoped for a similar level of GOP support, but — despite delaying a month to negotiate with ranking member Patrick T.
In response to a question from ranking member Patrick T. McHenry, R-N.C., Powell explained how Libra could present a systemic risk to the financial system’s stability.