Here's your summary from McHenry: Need A Vehicle To Advance Stablecoin Regulation Bill (https://www.youtube.com/watch?v=pAy5HNNDmcY) on the Bloomberg Television channel:
**TLDR:** Congressman McHenry discusses the need for a Senate vehicle to advance stablecoin regulation bill and emphasizes the importance of policy over politics.
1. Congressman McHenry highlights the passage of the fit 21 act, a market structure bill, in the House with bipartisan support.
2. He stresses the importance of stablecoin legislation and the need for a Senate vehicle to move it forward.
3. McHenry outlines his priorities for financial policy, including data privacy, capital formation, and crypto legislation, before his retirement from the House.
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