Posted 10/4/2023, 3:33:45 AM
McCarthy Ousted as House Speaker, Crypto-Friendly Rep. McHenry Named Interim Speaker
- McCarthy ousted as House Speaker in historic vote, with 8 Republicans voting against him
- Crypto-friendly Rep. Patrick McHenry appointed as interim Speaker
- McHenry seen as challenger to SEC's regulation of crypto sector
- McHenry released "Digital Asset Market Structure Proposal" to provide clarity for crypto
- McHenry's tenure may be short, with new Speaker vote on Oct. 11
- Possibility that pro-crypto Reps Emmer or Trump could replace McCarthy
