McHenry Doubts Incoming Democratic House Can Pass Anti-Crypto Bill

Former House Financial Services Committee Chairman Patrick McHenry said he sees little chance that the incoming Democratic-led House will pass an anti-crypto bill, arguing that the next Congress is more supportive of crypto across party lines than earlier Congresses. Asked about Sen. Elizabeth Warren’s renewed push against crypto on Nov. 9, McHenry said he did not think it possible to “pass an anti-crypto bill through the House.” Democrats won control of both chambers in the Nov. 3 midterms and are set to take over in January. Warren is expected to chair the Senate Banking Committee when the new Congress convenes. McHenry described the incoming Congress as more pro-crypto in both parties than the Congresses of six and eight years ago.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.