For House Financial Services Chair Patrick McHenry’s crypto bills, there is yet another bump in the road: House conservatives floating a vote on a central bank digital currency alongside other digital asset legislation. The issue picked up momentum last month when the Heritage Foundation’s political arm announced it would grade members on their support for a bill from Rep. Tom Emmer (R-Minn.) that would block the Federal Reserve from issuing a CBDC to consumers, either directly or through banks, out of concerns over privacy. “We do not want to emulate the Chinese Communist Party, who are using central bank digital ... (full story)