US House Republicans plan to establish crypto-focused subcommittee: Report By Cointelegraph
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Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee.
According to a Jan. 12 report from Politico, North Carolina Representative Patrick McHenry, chair of the House Financial Services Committee, said he planned to set up the subcommittee in part due to “a big hole” in how the committee is currently structured. The new panel will focus on issues related to digital assets, financial technology and financial inclusion, and be chaired by Arkansas Representative French Hill, with Ohio Representative Warren Davidson serving as vice chair.
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Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee.
According to a Jan. 12 report from Politico, North Carolina Representative Patrick McHenry, chair of the House Financial Services Committee, said he planned to set up the subcommittee in part due to “a big hole” in how the committee is currently structured. The new panel will focus on issues related to digital assets, financial technology and financial inclusion, and be chaired by Arkansas Representative French Hill, with Ohio Representative Warren Davidson serving as vice chair.
Continue Reading on Coin Telegraph
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