Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Rep. Luetkemeyer announced his retirement, which could open up a position for chairman of the cryptocurrency-friendly House Financial Services Committee.
ADOPTION NEWS

Rep. Luetkemeyer announced his retirement, which could open up a position for chairman of the cryptocurrency-friendly House Financial Services Committee.

By Crypto FlexsJanuary 7, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Rep. Luetkemeyer announced his retirement, which could open up a position for chairman of the cryptocurrency-friendly House Financial Services Committee.
Share
Facebook Twitter LinkedIn Pinterest Email

Republican Rep. Blaine Luetkemeyer announced his retirement on Thursday, potentially clearing the way for him to chair the cryptocurrency-friendly House Financial Services Committee following the departure of Chairman Patrick McHenry in early 2025.

The House Financial Services Committee, led by McHenry, has introduced legislation aimed at regulating stablecoins and taking a comprehensive approach to cryptocurrency market structure. Luetkemeyer, a member of that committee, previously said he planned to run for McHenry’s chairmanship.

When Luetkemeyer leaves at the end of 2024, Rep. French Hill, R-Ark., will be eligible to assume the chairmanship. Hill leads a panel focused on digital assets for the Commission. worked This is about cryptocurrency legislation regarding stablecoins, etc.

Hill has a really good record of working with members across the aisle, Ron said. Hammond, Director of Government Relations at the Blockchain Association.

“If Hill becomes Chairman, cryptocurrencies will remain a top issue within the committee, similar to how McHenry prioritized cryptocurrencies during his time as Chairman,” Hammond said.

Luetkemeyer was not an opponent of cryptocurrencies, but added that if he were to become chairman, cryptocurrencies would not be a high priority for him compared to Hill or McHenry.

best competitor

Hill is considered a top contender for the position of House Financial Services Chairman. Behind Hill, Reps. Bill Huizenga (R-Mich.) and Andy Barr (R-Ky.) could also have a chance if Republicans retain control of the House after the election season later this year, Hammond said.

The cryptocurrency bill still needs to be submitted to the Senate Banking Committee, which could be a difficult task.

“Even in lobbying circles, most people had no idea this was going to happen,” Hammond said of Luetkemeyer’s retirement.

Rutkemeyer said in a statement Thursday that after discussions with his family, he has decided not to run for re-election.

“As I complete my final term in the coming months, I look forward to continuing to work with all of my constituents on a number of issues and to addressing the many difficult and serious issues facing our great country,” Luetkemeyer said. “There’s still a lot of work to do.”


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

HOLONYM’s Human Network: Convert on boarding on boarding on human -friendly keys

June 7, 2025

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

HOLONYM’s Human Network: Convert on boarding on boarding on human -friendly keys

June 7, 2025

The SEC gets $ 1.1m case when Crypto Schemer crosses the court.

June 7, 2025

NFT artists reproduce ‘password tax nightmares’ with new songs.

June 7, 2025

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

HOLONYM’s Human Network: Convert on boarding on boarding on human -friendly keys

June 7, 2025

The SEC gets $ 1.1m case when Crypto Schemer crosses the court.

June 7, 2025

NFT artists reproduce ‘password tax nightmares’ with new songs.

June 7, 2025
Most Popular

‘Anichess’ NFT game launched with support from world chess champion Magnus Carlsen

January 16, 2024

Bitcoin Price Faces Rejection – Why BTC Could Revisit $40K Before a New Increase

December 27, 2023

Will AVAX turn into a monkey? Ethereum-Rival aims to promote Memecoin through new cultural catalyst initiatives.

December 30, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.