The former House Financial Services Committee Chairman told Bloomberg the crypto market structure bill is likely to pass, underscoring continued momentum behind U.S. digital-asset legislation.
Former House Financial Services Committee Chairman Patrick McHenry said the CLARITY Act is expected to pass, framing the issue as a matter of timing rather than uncertainty. In comments to Bloomberg, McHenry said, "It's a question of WHEN, not IF" the CLARITY ACT passes. The remark points to continued expectations that U.S. lawmakers will advance crypto market structure legislation, an area the industry has closely watched for clearer federal rules.