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House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally

Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.

Updated Mar 8, 2024, 6:16 p.m. Published Dec 5, 2023, 5:19 p.m.
Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)
Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)