McHenry Bill Would Create Regulatory 'On-Ramp' for Fintech Firms

American Banker
Thursday, September 22, 2016

Rep. Patrick McHenry (R, NC-10) recently introduced legislation to create a regulatory structure for the emerging technology in the financial industry. McHenry warns that if the US government does not work quickly and decisively that the US will suffer the potential of losing a global competitive edge in FinTech.