McHenry predicts fast crypto deal as Witt brokers talks

Speaking on CoinDesk Live at the Ondo Summit in New York City, former House Financial Services Chair Patrick McHenry and White House advisor Patrick Witt said a sweeping crypto market structure bill could pass within months.

Latest developments: Optimism is rising across Washington and industry.

  • McHenry and Witt discussed the growing momentum for landmark crypto legislation, even as debates intensify over yield, DeFi, and ethics.
  • McHenry predicted a finalized market structure bill could reach the president’s desk by Memorial Day.
  • Witt said President Trump has personally prioritized the legislation following passage of the Genius Act.

Inside the White House push: Negotiations are narrowing.

  • Witt said a recent White House–brokered meeting…

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