Archive: Patrick McHenry
Crypto Insider: Gary Gensler Slammed for Confusing Crypto Regulations
By Early Investing on April 19, 2023
On Tuesday, Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the House about the SEC’s crackdown on crypto. And it wasn’t pretty. Gensler declined to answer some very direct questions about conflicting and confusing regulations. House Republicans, including House Financial Services Committee Chair Patrick McHenry, tore into Gensler for the SEC’s unclear and hard line approach. “Regulation by enforcement is not sufficient nor sustainable,” McHenry said. In this episode of…
News Fix: Congress Grills Facebook, Doesn’t Get Anywhere
By Vin Narayanan on July 20, 2019
In the news this week, Facebook undergoes intense scrutiny at two congressional hearings, Curaleaf increasingly dominates the cannabis market and Chinese startups struggle to raise money.
Congress Scolds Facebook Instead of Moving Fintech Innovation Forward
By Vin Narayanan on July 18, 2019
This week, legislators had the opportunity to make progress on key issues surrounding Facebook’s innovative Libra proposal. But too many politicians wasted it.