Patrick McHenry

US House Committee hears housing and finance industry views on AI legislation
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30 July, 2024

US House Committee hears housing and finance industry views on AI legislation

The hearing was the latest step in a congressional effort to examine if existing statutes and regulations are sufficient to...
Florida’s Matt Gaetz introduces bill to allow payment of income tax by Bitcoin
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28 June, 2024

Florida’s Matt Gaetz introduces bill to allow payment of income tax by Bitcoin

The bill seeks to allow the payment of certain federal income taxes with Bitcoin and require the U.S. Secretary of...
Republicans beat up SEC’s Gary Gensler but can’t crimp ‘crypto’ crook crackdown
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8 May, 2024

Republicans beat up SEC’s Gary Gensler but can’t crimp ‘crypto’ crook crackdown

U.S. SEC Chair Gary Gensler came in for more bashing on Capitol Hill from Republicans, some of whom are planning...
Jerome Powell denies having CBDC lab, study says ‘crypto’ won’t become money
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22 March, 2024

Jerome Powell denies having CBDC lab, study says ‘crypto’ won’t become money

U.S. Fed Chair Jerome Powell insists he's not plotting to unleash a CBDC, while a new study says concerns about...
US Treasury admits terrorists love cash even more than ‘crypto’
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15 February, 2024

US Treasury admits terrorists love cash even more than ‘crypto’

The House of Representatives Financial Services Committee held its annual hearing of the Treasury's FinCEN and the Office of Terrorism...
US Treasury Department assesses ‘crypto’ money laundering, terror financing risks
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9 February, 2024

US Treasury Department assesses ‘crypto’ money laundering, terror financing risks

US Treasury plans to release its 2024 National Strategy for Combatting Terrorist and Other Illicit Finance, which will be based...