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More Democrats Expected to Join FIT21 Crypto Bill, Says Patrick McHenry
More Democrats Expected to Join FIT21 Crypto Bill, Says Patrick McHenry
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Former House Financial Services Committee Chair Patrick McHenry predicts increased Democratic participation in the Financial Innovation and Technology for the 21st Century Act (FIT21). The crypto market structure bill, six years in the making, is gaining bipartisan traction as lawmakers push for clearer digital asset regulations.
Key House figures including Representatives French Hill, Bryan Steil, Tom Emmer, and Ritchie Torres are leading the legislative effort. McHenry emphasized the bill’s significance as a long-term project of the House Financial Services Committee, though his own role has recently changed.
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