There will be a new squad of lawmakers in the States that will have crypto on the top of their to-do list.
Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee.
According to a Jan. 12 report from Politco, North Carolina Representative Patrick McHenry, chair of the House Financial Services Committee, said heto set up the subcommittee in part due to “a big hole” in how the committee is currently structured. Arkansas Representative French Hill and Ohio Representative Warren Davidson will reportedly be the chair and vice chair of the subcommittee, respectively, focused on issues related to digital assets, financial technology, and financial inclusion.
a House Speaker. It took 15 rounds of voting before California Representative Kevin McCarthy could officially hold the gavel.
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