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Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

cryptovert August 22, 2024 1 min read

Scott
concurred,
saying
it
was
unlikely
that
any
bill
could
work
through
the
Senate
Banking
Committee
this
year.

“The
motivation
and
the
incentives
are
there.
Two
pieces
of
the
incentives
that
are
really
important,
[House
Financial
Services
Committee
Patrick]
McHenry
[in]
financial
services,
[Senate
Agriculture
Committee
Chair
Debbie]
Stabenow
[are
both
retiring
members,”
he
said.
“Schumer
wants
to
give
Stabenow
a
swan
song,
which
could
be
this
legislation.
So
you
have
the
forces
on
both
sides
of
the
aisle
in
a
bicameral
way,
working
to
get
something
done
so
that
their
legacy
includes
legislation
that
will
be
incredibly
beneficial,
not
only
to
the
industry,
but
in
my
opinion,
to
the
American
consumer.”

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