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WASHINGTON — One of crypto's most powerful allies in Congress is fighting this week to make sure that an industry-backed regulation bill gets tacked on to the must-pass defense funding legislation. If he is successful, Rep. Patrick McHenry's (R-N.C.) hardball tactics could hand the cryptocurrency industry a big win. The bill is intended to clarify how crypto is regulated by federal agencies. But McHenry's bill has never been put to a vote in the full House, let alone in the Senate. Instead, McHenry, who chairs the Financial Services Committee, is pushing to attach his bill to the massive annual Pentagon funding measure the National Defense Authorization Act.
Persons: Patrick McHenry, Patrick McHenry's, McHenry Organizations: Chamber, WASHINGTON —, Financial Services, Defense, Congressional Locations: Washington ,
Jim Jordan loses second House speaker vote
  + stars: | 2023-10-18 | by ( Emily Wilkins | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJim Jordan loses second House speaker voteCNBC's Emily Wilkins joins 'The Exchange' to discuss Rep. Jim Jordan losing the Speakership vote for the second time, and the effort to expand Patrick McHenry's powers as Speaker Pro Tempore.
Persons: Jim Jordan, Emily Wilkins, Patrick Organizations: Pro Tempore
But Jordan, who chairs the House Judiciary Committee, faced skepticism from those who were angry that his supporters had failed to unite behind Scalise. “If we, as Republicans, are going to be the majority, we have to do the right things the right way. Some members said they were pushing for a vote by the full house this weekend, once Republicans picked a nominee. Some Republicans have suggested expanding Representative Patrick McHenry's powers as temporary speaker, which would enable the House to take up aid to Israel and other pressing matters. I think Jim Jordan can do it," said Representative Nicole Malliotakis.
Persons: Jim Jordan, hardliner Jim Jordan, Steve Scalise, Elise Stefanik, Jordan, Austin Scott, Kevin McCarthy, Kat Cammack, Jordan's, , Steve, Vern Buchanan, Scott, we're, Scalise, Patrick McHenry's, McCarthy, Joe Biden, Nicole Malliotakis, John Boehner, Paul Ryan, David Morgan, Katharine Jackson, Moria Warburton, Richard Cowan, Andy Sullivan, Scott Malone, Gerry Doyle, Jonathan Oatis Organizations: U.S . House, Representatives, House Republican Conference, U.S ., Republican, Republicans, Committee, Democratic, Thomson Locations: WASHINGTON, U.S, Georgia, East, Russia, Ukraine, Israel
A top ally of Kevin McCarthy loved "The Wire" so much that he gave the Republican a silver bowl. Nonetheless, McHenry continued to email the Republican clips of the scene that incredibly is a parable an actual politician used to tell. "There's a knock at the door in the corner of the room, and Pete comes walking in carrying this gorgeous Sèvres silver bowl, hand chased ... 'It's from the unions,' Tony, played by Sam Coppola, says. You're sitting, eating shit all day long, day after day, year after year." So according to Draper, the North Carolinian bought an ornate silver bowl that was once the property of the British army.
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