Patrick McHenry (@PatrickMcHenry) on X (original) (raw)

Dad x3. Husband. Proudly served North Carolina’s Tenth Congressional District and as Chairman of

@financialcmte

.

• Pinned
  
  Check out my recent piece in the
  @DailyCaller
  : "America’s AI Boom Shouldn’t Make Everyday Life More Expensive"
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  American workers have waited long enough, the time to pass the #USMCA is now. From enabling our economy to continue to grow to the jobs it will help create, there is no excuse not to pass this trade deal and give a win to these hardworking men and women →
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  For two years, Democrats gave
  @GaryGensler
  a pass for his disastrous agenda. It's time for accountability. From his destructive climate disclosure rule to his regulation by enforcement of digital assets, Chair Gensler’s agenda has weakened capital markets & stifled innovation.
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  Your move,
  @GaryGensler
  . The
  @SECGov
  must not pick winners and losers based on inconsistent factors. I'll be watching this closely.
• 
  👉
  @SECGov
  Chair
  @GaryGensler
  continues his blatant disregard for Congress in pursuit of a radical agenda that threatens the integrity of our financial markets, protection of investors, & our economic competitiveness. Our patience is wearing thin. 📺 #WATCH my opening remarks ⬇️
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  SEC Chair
  @GaryGensler
  refuses to schedule a Commission vote to provide Congress with requested documents. Should Gensler continue to stonewall, Republicans will have no choice but to issue the first subpoena to the SEC from my Committee to compel their production.
• 
  .
  @GaryGensler
  's tenure has been defined by recklessness. His agenda runs roughshod over process, precedent, & the #SEC’s statutory authority. I look forward to speaking with him today. 📺 Tune in at 10:00am 👇
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  I will be retiring from Congress at the end of my current term. I believe there is a season for everything and—for me—this season has come to an end. I look forward to what comes next for my family and me.mchenry.house.gov/news/documents…
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  The mere fact that the U.S. now has a crypto and AI “czar” reflects the impact of
  @FinancialCmte
  . The era of regulation by enforcement is over. With folks like David Sacks and Paul Atkins, the future of the digital asset ecosystem in the U.S. is brighter than ever.
• 
  Chair
  @GaryGensler
  says existing law provides clarity for which digital assets are securities vs commodities. Yet, he refuses to publicly say if the second largest digital asset is a security—despite previously calling it a commodity. How is this clarity? 📺 Watch 👇
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  The U.S. should be a global leader, not a global follower, when it comes to digital assets. My bill, which builds on the great work of SEC Commissioner
  @HesterPeirce
  , will help provide the necessary legal certainty to digital asset projects when they launch.
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  Reports indicate
  @GaryGensler
  is moving to unilaterally classify #ETH as a security. This is contrary to the
  @CFTC
  's assessment and the
  @SECGov
  's prior actions. Congress decides the SEC's jurisdiction and budget, Chair Gensler doesn't get to make it up as he goes along.
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• 
  Over the past 6 months the people of Hong Kong have protested against China’s efforts to undermine their democracy. I applaud
  @POTUS
  for signing legislation supporting Hong Kong. These bills send a strong message to China: we will always support freedom → politico.com/news/2019/12/0…