Financial Services Chair McHenry senses new day for crypto in incoming Congress

Who?

Rep. Patrick McHenry (R-NC) — Chair, Financial Services Committee

LISTEN: Laslo & McHenry

Ask a Pol asks:

Does it feel kind of like night and day difference on crypto and other digital currencies right now?

Key McHenry:

“Yeah,” Rep. Patrick McHenry exclusively tells Ask a Pol. “You know, the vote on FIT21 — the end of the post-financial crisis in politics — changed everything.”*

*FIT21

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Caught our ear:

What do you think of the change in tone on crypto?

“It’s a welcome thing,” McHenry tells us. “It's a welcome thing from where it was 10 years ago.”

Below find a rough transcript of Ask a Pol’s exclusive interview with Rep. Patrick McHenry (R-NC), slightly edited for clarity.

TRANSCRIPT: Rep. Patrick McHenry

SCENE: Retiring Rep. Patrick McHenry was walking up the steps of the Capitol with his daughter in his arms to cast his last vote in Congress when Ask a Pol’s Matt Laslo spotted him and snagged a quick take from the outgoing chairman of the powerful Financial Services Committee.

The steps McHenry — with his little daughter in his arms — walked up before he cast his last vote on the floor of the US House (12-20-2024). Photo: Matt Laslo

Matt Laslo: “What do you think of the change in tone on crypto?”

Patrick McHenry: “It’s a welcome thing.”

ML: “Yeah?”

PM: “I mean, it's a welcome thing from where it was 10 years ago.”

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McHenry says hello to one of his colleagues leaving the Capitol after voting on the government funding measure.

PM: “See you, Sam. Have a good night.”

ML: “Does it feel kind of like night and day difference right now?”

PM: “Yeah. You know, the vote on FIT21 — the end of the post-financial crisis in politics — changed everything.”

McHenry’s daughter: “Aren’t you cold?”

ML: “Yeah?”

ICYMI — There’s a new Chair in town…

McHenry’s daughter: “Aren’t you cold?”

Father and daughter head into the US Capitol to get warm on the frigid night.

ML: “Thank you, sir.”

We were forced to stay outside. While the press corps is allowed to leave the Capitol from where they entered the House of Representatives, journalists aren’t allowed to re-enter through the Members Only entrance.

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