Posted 10/25/2023, 10:47:00 PM
Lesser-Known Rep. Mike Johnson Elected as New House Speaker, Allows Crypto Ally Rep. Patrick McHenry to Refocus on Stalled Digital Asset Bills
- Lesser-known Johnson wins Speaker job as crypto-focused lawmakers return to old roles
- Republicans elect little-known Rep. Mike Johnson as new House Speaker after multiple failed attempts
- Johnson lacks seniority but avoids controversies burdening other candidates
- New Speaker frees up pro-crypto Rep. Patrick McHenry to focus on stalled bills in Financial Services Committee
- Government funding, not crypto legislation, likely to dominate lame-duck session agenda
- Top crypto advocate Rep. Tom Emmer remains in House leadership as Majority Whip