Patrick McHenry actually said...

We don't have a Federal regulatory regime for stablecoins, and we need it, and I think there is bipartisan understanding of that.

McHenry emphasizes the need for a regulatory framework for stablecoins.

05/11/2022

More Patrick McHenry Quotes

The American taxpayers are sick and tired of being shareholders. Let's get them out of that.

The question isn't should they get a $10,000 bonus, the real question is should I get my thousand bucks back because they lost so much.

Thank you, Mr. Chairman. I have a question that one of my colleagues asked the previous panel that I thought was an interesting one.

If this issue is left unaddressed, the viability of MSBs will be compromised, potentially pushing many of their transactions underground.