Patrick McHenry Says Crypto Market Structure Bill Could Pass Before Memorial Day
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 9 February 2026
⏱️ 10 minutes
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| 0:00.0 | You heard from Patrick Witt about the group he brought together on yield. |
| 0:04.3 | Crypto came in and said, look, we want to negotiate. |
| 0:07.0 | We actually want a reasonable compromise here and a reasonable approach to yield. |
| 0:11.1 | And the bank sat there and listened and offered nothing. |
| 0:14.8 | Well, that's not going to last long in Washington if the group that is holding it up, |
| 0:20.1 | the banking industry, is unwilling to |
| 0:22.8 | negotiate on something that has to be resolved to unlock market structure. It will be resolved. |
| 0:28.3 | It's going to be rough, a rough going, but it's going to be, the president will have a bill |
| 0:33.4 | signing ceremony on market structure, on clarity, before Memorial Day. |
| 0:43.6 | Hey, everyone, welcome back to Coin Desk Live. |
| 0:45.5 | We are coming to from the Ando Summit in New York City. |
| 0:48.5 | I'm Jensenassi here with my co-host, Andy Bear, and we're now joined at the desk by Ondo |
| 0:53.2 | Finance's Vice Chairman Patrick McHenry. |
| 0:56.0 | Chairman, great to see you again. Hey, great to be back. Yeah, great. So the last time we spoke, |
| 1:00.6 | actually, this is a lie, we spoke in between, but we saw you at the Ondo summit last year. |
| 1:04.4 | You were just joining. Talk to us about the last year. What have you been up to? Give us the |
| 1:09.6 | highlights. Well, the highlights for Ando is that we've taken global markets and we're able to bring |
| 1:15.8 | it back to the United States. |
| 1:16.8 | That's a substantial change that the Trump administration has opened up for American investors |
| 1:23.3 | to have new opportunities. |
| 1:25.5 | It also means that the United States is emerging as the crypto capital of the world, |
| 1:29.9 | just as the president outlined. |
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