Thank you, @PatrickMcHenry, for your leadership in advancing bipartisan digital asset policies! TDC submitted a letter at today’s @FinancialCmte hearing highlighting the bipartisan #crypto work and issues/bills that must be addressed in the 119th👇 https://t.co/Y52kEirwDx
CCI shares our deepest appreciation for @PatrickMcHenry’s leadership as the Chairman of the House Financial Services Committee during the 118th Congress. Under his leadership, the Committee advanced key policies on digital assets, strengthened US leadership, curbed overreach by… https://t.co/NTrt7adJz3
#WATCH: Chairman @PatrickMcHenry questions witnesses at today's hearing on the future of finance. He covers: ✅ The transformative potential of blockchain ✅ How technology is shaping private markets ✅ #Fintech's role in addressing the dearth of IPOs 📺 Don't miss it 👇 https://t.co/Qh0g12ASWu

A new bipartisan bill led by House Financial Services Committee Chairman Patrick McHenry and Ranking Member Maxine Waters aims to assess the impact of artificial intelligence (AI) on the banking and housing sectors. This initiative seeks to explore how AI technologies can be effectively integrated into financial services while ensuring consumer protection and industry stability. The proposed legislation highlights concerns regarding AI's influence on critical areas such as mortgage lending, credit scoring, and fraud detection. Lawmakers are advocating for a comprehensive federal study to understand AI's role in these industries and to oversee its adoption responsibly. The committee's recent hearing titled 'Innovation Revolution: How Technology is Shaping the Future of Finance' further emphasizes the need for regulatory oversight as AI continues to transform financial landscapes.




