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

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“The motivation and the incentives are there. Two elements of the incentives which might be actually vital are [House Financial Services Committee Patrick] McHenry [in] monetary companies, [Senate Agriculture Committee Chair Debbie] Stabenow[arebothretiringmembers”hesaid”SchumerwantstogiveStabenowaswansongaboutwhatthislegislationcouldbeSoyouhavetheforcesonbothsidesoftheaisleinabicameralwayworkingtogetsomethingdonesothattheirlegacyincludeslegislationthatwillbeincrediblybeneficialnotonlyfortheindustrybutinmyopinionalsofortheAmericanconsumer”[arebothretiringmembers”hesaid”SchumerwantstogiveStabenowaswansongwhichcouldbethislegislationSoyouhavetheforcesonbothsidesoftheaisleinabicameralwayworkingtogetsomethingdonesothattheirlegacyincludeslegislationthatwillbeincrediblybeneficialnotonlytotheindustrybutinmyopiniontotheAmericanconsumer”[zijnallebeiaftredendeleden’zeihij’SchumerwilStabenoweenzwanenzanggevenwatdezewetgevingzoukunnenzijnJehebtdusdekrachtenaanbeidekantenvanhetgangpadopeentweekamerigemanierdieeraanwerkenomietsgedaantekrijgenzodathunnalatenschapwetgevingomvatdieongelooflijkgunstigzalzijnnietalleenvoordeindustriemaarnaarmijnmeningookvoordeAmerikaanseconsument”[arebothretiringmembers”hesaid”SchumerwantstogiveStabenowaswansongwhichcouldbethislegislationSoyouhavetheforcesonbothsidesoftheaisleinabicameralwayworkingtogetsomethingdonesothattheirlegacyincludeslegislationthatwillbeincrediblybeneficialnotonlytotheindustrybutinmyopiniontotheAmericanconsumer”

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READ  U.S. House Declares Mid-July "Crypto Week" as Key Bills Head for Vote

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