Patrick McHenry transitions to the private sector as Vice Chairman at Ondo Finance, where he’ll leverage his congressional experience in cryptocurrency to guide policy matters for the blockchain company.
Andreessen Horowitz has appointed former Congressman Patrick McHenry as a senior advisor for technology policy, leveraging his extensive experience in cryptocurrency regulation and financial innovation.
The FIT21 bill, despite the US House support, faces opposition from the SEC and President Biden, making its Senate passage challenging.
Reps. Patrick McHenry and Maxine Waters have been very consistent in their bid to see a stablecoin bill passed into law.
McHenry believes that stablecoins have the potential to play a huge role in the 21st-century payments system.