What McHenry Has Planned for the Gavel

By Kate Davidson and Aubree Eliza Weaver. April 26, 2022. (Politico)

McHENRY PLANTING FLAGS — North Carolina Republican Patrick McHenry, who has decided to seek a turn as chair of the Financial Services Committee should the GOP win the House, has already started to put down markers on pressing policy questions that would be in front of the panel next year.

Key among them: what to do about cryptocurrency regulation.

Earlier this month, he also released a report calling for legislation in line with the 2012 JOBS Act, bipartisan legislation signed by then-President Barack Obama that eased rules for companies seeking to raise money in the stock market.

McHenry’s previous role in House GOP leadership, where he served as chief deputy whip, had prompted speculation that he might return to a leadership position rather than pursue the committee chairmanship, our Zachary Warmbrodt reported. With Republicans favored to take back the House, McHenry’s choice will begin to give committee watchers a clearer outlook of the panel’s agenda for the next few years.

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