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Rep. Patrick McHenry (R-NC), who served as temporary House speaker during a leadership fight this fall, announced on Tuesday that he will not seek-election in 2024.
Rep. Patrick McHenry (R-NC), who served as temporary House speaker during a leadership fight this fall, announced on Tuesday that he will not seek-election in 2024.
 
Republican Congressman Patrick McHenry, R-NC, is the interim speaker of the United States House of Representatives. It follows the historic GOP vote Tuesday afternoon to remove House Speaker Kevin McCarthy
Republican Congressman Patrick McHenry, R-NC, is the interim speaker of the United States House of Representatives. It follows the historic GOP vote Tuesday afternoon to remove House Speaker Kevin McCarthy
 
A House Republican threw one curveball of a question at Securities and Exchange Commission (SEC) Chairman Gary Gensler, asking the Biden administration official on Tuesday to answer under oath whether he facilitated payment for British ex-spy Christopher Steele’s now-discredited anti-Trump dossier.
A House Republican threw one curveball of a question at Securities and Exchange Commission (SEC) Chairman Gary Gensler, asking the Biden administration official on Tuesday to answer under oath whether he facilitated payment for British ex-spy Christopher Steele’s now-discredited anti-Trump dossier.
 
Republican lawmakers asked President Joe Biden to force a divestiture of TikTok to an American firm after the Committee on Foreign Investment in the United States (CFIUS) concluded that the social media platform poses meaningful national security risks.
Republican lawmakers asked President Joe Biden to force a divestiture of TikTok to an American firm after the Committee on Foreign Investment in the United States (CFIUS) concluded that the social media platform poses meaningful national security risks.
 
FTX, the bankrupt cryptocurrency exchange formerly led by Sam Bankman-Fried, collapsed as a result of mismanagement from senior executives, according to an interim report from attorneys charged with managing the bankruptcy.
FTX, the bankrupt cryptocurrency exchange formerly led by Sam Bankman-Fried, collapsed as a result of mismanagement from senior executives, according to an interim report from attorneys charged with managing the bankruptcy.
 
A former employee of the Consumer Financial Protection Bureau, also known as the CFPB, sent personal data for hundreds of thousands of people to a personal email account, the agency confirmed this week.
A former employee of the Consumer Financial Protection Bureau, also known as the CFPB, sent personal data for hundreds of thousands of people to a personal email account, the agency confirmed this week.
 
The North Carolina Blockchain Initiative (NCBI) was launched in 2019 as a nonpartisan, all-volunteer task force under the supervision of the Office of the Lieutenant Governor of North Carolina to serve as a primary resource on the emerging digital asset and blockchain ecosystem.
The North Carolina Blockchain Initiative (NCBI) was launched in 2019 as a nonpartisan, all-volunteer task force under the supervision of the Office of the Lieutenant Governor of North Carolina to serve as a primary resource on the emerging digital asset and blockchain ecosystem.
 
U.S. Rep. Patrick McHenry, R-10th District, discusses his role as chairman of the House Financial Services Committee in looking into recent bank failures. The committee meets again March 29.
U.S. Rep. Patrick McHenry, R-10th District, discusses his role as chairman of the House Financial Services Committee in looking into recent bank failures. The committee meets again March 29.
 
Few Americans have trust in the nation’s banking sector following the recent collapses of Silicon Valley Bank and Signature Bank.
Few Americans have trust in the nation’s banking sector following the recent collapses of Silicon Valley Bank and Signature Bank.
 
Sen. Elizabeth Warren (D-MA) and Rep. Maxine Waters (D-CA) asserted that the Federal Deposit Insurance Corporation should “reexamine” the $250,000 deposit insurance threshold on bank accounts.
Sen. Elizabeth Warren (D-MA) and Rep. Maxine Waters (D-CA) asserted that the Federal Deposit Insurance Corporation should “reexamine” the $250,000 deposit insurance threshold on bank accounts.
 
Individuals and political action committees associated with defunct financial institution Silicon Valley Bank have donated extensively to leading politicians.
Individuals and political action committees associated with defunct financial institution Silicon Valley Bank have donated extensively to leading politicians.
 
A top House Republican called for the federal government to temporarily insure all bank deposits at all banks around the country.
A top House Republican called for the federal government to temporarily insure all bank deposits at all banks around the country.
 
House Republicans asked for any communications about the arrest of former FTX CEO Sam Bankman-Fried sent by officials in the Securities and Exchange Commission.
House Republicans asked for any communications about the arrest of former FTX CEO Sam Bankman-Fried sent by officials in the Securities and Exchange Commission.
 
Some federal regulators, including Securities and Exchange Commission Chairman Gary Gensler, have cracked down on a number of cryptocurrency firms as lawmakers and agencies seek to introduce regulations in the nascent sector.
Some federal regulators, including Securities and Exchange Commission Chairman Gary Gensler, have cracked down on a number of cryptocurrency firms as lawmakers and agencies seek to introduce regulations in the nascent sector.
 
"This is not about woke-ism or mandates on job creators, it’s an effort to ensure fair and equal access to our financial system no matter your race, party affiliation, or political beliefs," Rep. Patrick McHenry, R-NC, in a statement to Carolina Journal.
"This is not about woke-ism or mandates on job creators, it’s an effort to ensure fair and equal access to our financial system no matter your race, party affiliation, or political beliefs," Rep. Patrick McHenry, R-NC, in a statement to Carolina Journal.
 
Congressman Patrick McHenry (R-NC) gave new insight into the tense moments on the House floor over the Speaker of the House election.
 
Representatives-elect in the U.S. House have taken votes on 12 ballots for House Speaker this week without reaching the 218 threshold needed to secure a victory.
Representatives-elect in the U.S. House have taken votes on 12 ballots for House Speaker this week without reaching the 218 threshold needed to secure a victory.
 
After months of doorknocking, fundraising, TV ads, polling, and direct mail, the results for the 2022 midterm elections are in, and a new North Carolina congressional delegation will now head to Capitol Hill ahead of a new congressional session starting on January 3, 2023.
After months of doorknocking, fundraising, TV ads, polling, and direct mail, the results for the 2022 midterm elections are in, and a new North Carolina congressional delegation will now head to Capitol Hill ahead of a new congressional session starting on January 3, 2023.
 
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
 
Former FTX CEO Sam Bankman-Fried will be released on $250 million bail, a federal judge ruled on Thursday.
Former FTX CEO Sam Bankman-Fried will be released on $250 million bail, a federal judge ruled on Thursday.
 
Current FTX CEO John Ray III, an attorney managing the bankruptcy proceedings of the cryptocurrency company founded by Sam Bankman-Fried, is earning $1,300 per hour in his current position and paying three additional executives $975 per hour each.
Current FTX CEO John Ray III, an attorney managing the bankruptcy proceedings of the cryptocurrency company founded by Sam Bankman-Fried, is earning $1,300 per hour in his current position and paying three additional executives $975 per hour each.
 
Former FTX CEO Sam Bankman-Fried agreed on Friday to testify before the House Financial Services Committee next week.
Former FTX CEO Sam Bankman-Fried agreed on Friday to testify before the House Financial Services Committee next week.
 
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
 
Current FTX CEO John Ray III, an attorney overseeing the bankruptcy of the defunct cryptocurrency exchange, testified before the House Financial Services Committee on Tuesday after former FTX CEO Sam Bankman-Fried was arrested and charged with financial crimes.
Current FTX CEO John Ray III, an attorney overseeing the bankruptcy of the defunct cryptocurrency exchange, testified before the House Financial Services Committee on Tuesday after former FTX CEO Sam Bankman-Fried was arrested and charged with financial crimes.
 
Joseph Bankman and Barbara Fried, the parents of former FTX CEO Sam Bankman-Fried, have been in the Bahamas with their son for more than one month.
Joseph Bankman and Barbara Fried, the parents of former FTX CEO Sam Bankman-Fried, have been in the Bahamas with their son for more than one month.
 
"There is no sugarcoating it. The collapse has been a dumpster fire. Users left out to dry. Ecosystem in limbo." - Rep. Patrick McHenry, R-NC.
"There is no sugarcoating it. The collapse has been a dumpster fire. Users left out to dry. Ecosystem in limbo." - Rep. Patrick McHenry, R-NC.
 
JPMorgan Chase CEO Jamie Dimon compared cryptocurrencies to “pet rocks” on Tuesday and said that the nascent sector is the recipient of undue attention.
JPMorgan Chase CEO Jamie Dimon compared cryptocurrencies to “pet rocks” on Tuesday and said that the nascent sector is the recipient of undue attention.
 
Strive Asset Management executive chairman Vivek Ramaswamy balked at the possibility of a “central bank digital currency” in the United States during an interview with Fox News host Tucker Carlson.
Strive Asset Management executive chairman Vivek Ramaswamy balked at the possibility of a “central bank digital currency” in the United States during an interview with Fox News host Tucker Carlson.
 
The latest projection from elections-analysis site FiveThirtyEight is that Republicans have an 85% chance of winning a majority in the U.S. House.
The latest projection from elections-analysis site FiveThirtyEight is that Republicans have an 85% chance of winning a majority in the U.S. House.
 
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades, rivaling the heists executed by financier Bernie Madoff and startup darling Elizabeth Holmes.
The case of defunct cryptocurrency exchange FTX and now-broke multibillionaire founder Sam Bankman-Fried is among the most intriguing stories of alleged financial crime in decades, rivaling the heists executed by financier Bernie Madoff and startup darling Elizabeth Holmes.
 
Law enforcement in the Bahamas revealed on Thursday that officials seized assets belonging to defunct cryptocurrency platform FTX and moved them to a government-controlled wallet for “safekeeping.”
Law enforcement in the Bahamas revealed on Thursday that officials seized assets belonging to defunct cryptocurrency platform FTX and moved them to a government-controlled wallet for “safekeeping.”
 
As some reports claimed that executives at defunct cryptocurrency platform FTX engaged in rampant drug use and boasted a network of intertwined romantic relationships, a psychologist who worked closely with company leadership denied such allegations.
As some reports claimed that executives at defunct cryptocurrency platform FTX engaged in rampant drug use and boasted a network of intertwined romantic relationships, a psychologist who worked closely with company leadership denied such allegations.
 
Far-left Rep. Rashida Tlaib (D-MI) lectured top bank executives during a House Financial Services Committee hearing on regulatory and oversight matters in the banking industry Wednesday afternoon, but she did not expect the response that she received from the most powerful executive in attendance.
Far-left Rep. Rashida Tlaib (D-MI) lectured top bank executives during a House Financial Services Committee hearing on regulatory and oversight matters in the banking industry Wednesday afternoon, but she did not expect the response that she received from the most powerful executive in attendance.
 
Three Republicans in the U.S. House, including one from North Carolina, are sponsoring a bill to highlight the inflationary impact of President Biden's executive actions.
Three Republicans in the U.S. House, including one from North Carolina, are sponsoring a bill to highlight the inflationary impact of President Biden's executive actions.
 
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