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Since Scalise is staying in his current job, Rep. Tom Emmer (R-Minn.), one of crypto's biggest fans in Congress, won't get greater power by stepping into that majority leader role. This keeps him – at least for now – as majority whip, the No. 3 role in the House leadership,
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The uncertainty over Scalise also keeps Rep. Patrick McHenry (R-N.C.), the stand-in speaker, from returning to his chairmanship of the House Financial Services Committee, which has been shepherding the leading crypto legislation in this session. When Republicans eventually pick a speaker, industry lobbyists have suggested McHenry may have built up
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At the time of publication, half of the legislative branch of the federal government of the United States was largely paralyzed following a vote ousting then Speaker Kevin McCarthy.U.S. lawmakers voted to declare the office of Speaker of the House of Representatives vacant on Oct. 3, marking the first time
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But the chairman of the Financial Services Committee that has shepherded a number of crypto-related bills toward the House floor, Rep. Patrick McHenry (R-N.C.), is now the acting speaker. It’s positive for the crypto industry that he really wants to get digital assets legislation approved, and his new role turns
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The crypto-friendly U.S. Representative Patrick McHenry has become Speaker pro tempore of the House of Representatives following the recent ouster of House Speaker Kevin McCarthy. According to Reuters, McCarthy lost his House seat after Congress voted 216-210, with eight of the 216 votes coming from McCarthy’s fellow Republicans. This marked the first
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United States Representative and crypto-friendly lawmaker Patrick McHenry has been appointed as interim House Speaker after the high-profile ousting of U.S. House speaker Kevin McCarthy. McCarthy’s ousting came after a 216-210 vote by Congress, with eight of the 216 votes coming from McCarthy’s fellow Republicans, marking the first time a
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At the time of publication, the United States House of Representatives was at a historic standstill in its process of choosing a Speaker for the 118th Congress — a quagmire that could lead to lawmakers delaying committee hearings.As of Jan. 4, California Representative Kevin McCarthy lost the fifth round of
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Ryan, who’d joined Gov. Mitt Romney’s ticket as the vice presidential candidate in 2012, will serve on the council with Steve Israel, a former Democratic congressman from New York who ran his party’s congressional campaign committee; Makan Delrahim, a former U.S. assistant attorney general for the U.S. Department of Justice’s
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Why this matters to the crypto world: 1. Because the price of bitcoin and equities have been strongly correlated in recent months. Because the stimulus package would be a boost for stock markets, it should also be good for the price of cryptocurrencies. 2. Crypto investors have been betting all
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Place/Date: - July 13th, 2020 at 10:01 pm UTC · 5 min read Contact: Bitcoin Events, Source: DeFi Conference 2020 The DeFi Conference 2020 hosted by Bitcoin Events, is a feature-packed free event for anyone to attend and learn about the opportunities that decentralized finance offers to individuals
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