House Financial Services Chair McHenry blames Biden administration for sinking stablecoin bill

House Financial Services Chair McHenry blames Biden administration for sinking stablecoin bill

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The leader of the powerful U.S. House Financial Services Committee blamed the Biden White House for nixing a bipartisan deal on stablecoin regulations Thursday. Rep. Patrick McHenry, a North Carolina Republican, said during a markup session of stablecoin legislation that he had hoped to announce a…

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