Patrick

Kevin

Gary

<div class="cryptonews">
 <p class="is-style-lead">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.</p>
 <p>According to&nbsp;Reuters, McCarthy lost his House seat after Congress voted 216-210, with eight of the 216 votes coming from McCarthy’s fellow Republicans.</p>
 <p>This marked the first time the Speaker of the House of Representatives has been removed from office in US history.</p>
 <blockquote class="wp-block-quote">
  <p>“I fought for what I believe in. I believe I can continue to fight, but maybe in a different manner.”</p> <cite>Kevin McCarthy, Speaker of the House of Representatives</cite>
 </blockquote>
 <p>While McHenry’s appointment is temporary, it can be seen as a small win for the digital asset sector. The Speaker sets the legislative agenda, controls committee assignments, and schedules specific bills to be debated and voted on in the House.</p>
 <p>Further reports suggests that along with McHenry, there is a possibility that pro-crypto spokesman Tom Emmer could be a possible replacement for McCarthy. Even so, Emmer is yet to declare interest.</p>
 <p>The Speaker of the House of Representatives is considered the most powerful <a rel="noopener noreferrer nofollow" title="position" href="https://thebittimes.com/tag/position.html">position</a> in the US government after the President and Vice President.</p>
 <p>McHenry is known for opposing the Securities and Exchange Commission’s (SEC) regulation-by-enforcement approach in crypto.</p>
 <p>He also criticized Gary Gensler for not disclosing ties to FTX and Sam Bankman-Fried.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/crypto-friendly-lawmaker-takes-interim-house-speaker-position-tbt65091.html">https://thebittimes.com/crypto-friendly-lawmaker-takes-interim-house-speaker-position-tbt65091.html</a></p>

Crypto-friendly lawmaker takes interim House Speaker position

TheBitTimes

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