{"id":181073,"date":"2023-10-26T02:06:27","date_gmt":"2023-10-25T20:36:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=181073"},"modified":"2023-10-26T02:06:27","modified_gmt":"2023-10-25T20:36:27","slug":"us-lawmakers-discuss-digital-assets-and-the-house-gets-a-new-speaker-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/us-lawmakers-discuss-digital-assets-and-the-house-gets-a-new-speaker-crypto-news\/","title":{"rendered":"US lawmakers discuss digital assets and the House gets a new Speaker – Crypto News"},"content":{"rendered":"
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Members of the United States House of Representatives have chosen Mike Johnson to be the body\u2019s next speaker \u2014 the second in line to the U.S. presidency and a very powerful figure in Congress.\u00a0<\/p>\n

In an Oct. 25 vote, all 220 Republicans present in the House voted<\/a> for Johnson, while 209 Democrats cast ballots for Representative Hakeem Jeffries. The vote marked the first time in more than three weeks that the government body had clearly defined leadership. Representative Patrick McHenry had been acting as temporary speaker<\/a> since Oct. 3 following a vote casting out former speaker Kevin McCarthy.<\/p>\n

Unlike other candidates considered for speaker, Representative Johnson\u2019s views on crypto were largely unknown. Many in the space had been hopeful that Representative Tom Emmer \u2014 a local advocate for digital assets in Congress \u2014 would win the gavel. However, his campaign lasted only a few hours<\/a> following a statement from former U.S. President Donald Trump urging far-right Republicans not to support him. <\/p>\n

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According to @coinbase<\/a>, the new candidate for Speaker of the House @RepMikeJohnson<\/a>\u2019s sentiment towards crypto is \u201cUnclear\u201d because he hasn\u2019t yet made any statements about it. pic.twitter.com\/5CEKjNkctr<\/a><\/p>\n

\u2014 yuga.eth (@yugacohler) October 25, 2023<\/a><\/p><\/blockquote>\n

Related: <\/em><\/strong>US Congress remains legislatively paralyzed on crypto bills without a House speaker<\/em><\/strong><\/a><\/p>\n

While McHenry was likely preoccupied with preparing for the House vote, Financial Services Committee vice chair French Hill led<\/a> a subcommittee hearing on \u2018Modernizing Financial Services Through Innovation and Competition.\u2019 The hearing focused on discussions around crypto-related legislation, including the Financial Services Innovation Act and Examining Consumer Choice in Digital Payments Act. <\/p>\n

With the swearing-in of Speaker Johnson, the House of Representatives can once again bring legislation to the floor for votes. Lawmakers previously passed bills out of committee, including the Financial Innovation and Technology for the 21st Century Act, the Blockchain Regulatory Certainty Act, the Clarity for Payment Stablecoins Act and the Keep Your Coins Act. However, the House may need to move on a new spending bill<\/a> before Nov. 17 to address a potential government shutdown. <\/p>\n

Magazine: <\/em><\/strong>US gov\u2019t messed up my $250K Bitcoin price prediction: Tim Draper, Hall of Flame<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Members of the United States House of Representatives have chosen Mike Johnson to be the body\u2019s next speaker \u2014 the second in line to the U.S. presidency and a very powerful figure in Congress.\u00a0 In an Oct. 25 vote, all 220 Republicans present in the House voted for Johnson, while 209 Democrats cast ballots for […]<\/p>\n","protected":false},"author":2,"featured_media":181074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-181073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=181073"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181073\/revisions"}],"predecessor-version":[{"id":181076,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/181073\/revisions\/181076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/181074"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=181073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=181073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=181073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}