The United States House’s widely positive vote on the crypto-regulating FIT21 bill should be “a wake-up call” to the Senate to quickly pass it, says Rep. Patrick McHenry.
Outgoing United States Republican lawmaker Patrick McHenry has pressured the Senate to pass a key crypto-regulating bill before the November presidential election.
The Financial Innovation and Technology for the 21st Century Act (FIT21) passed the House on May 22 with 71 Democrats and 208 Republicans in favor.
“This should be a wake-up call for the Senate that they need to get on with this,” the House Financial Services Chairman, who is retiring from Congress in January, told Bloomberg’s Balance of Power on May 30.
