Latest Financial Services Committee News

Stablecoins cryptocurrencies stable market price value coin currency concept

Business 3 October 2023

Patrick McHenry pushes stablecoin legislation as US narrowly avoids shutdown

House Financial Services Chair McHenry reiterates commitment to stablecoin regulation amid shutdown threat, highlighting bipartisan support for 2023's Clarity for Payment Stablecoins Act.

Business 22 September 2023

Financial Services Committee approves bill prohibiting CBDC in US

The U.S. House Financial Services Committee has approved the CBDC Anti-Surveillance State Act, which will now be put before the House of Representatives.