a16z hires former Republican congressman Patrick McHenry as advisor

Former North Carolina Congressman Patrick McHenory Declaration On Wednesday he landed a job with VC Farm Andresen Horovits. He will be a senior adviser.

His post on X told the policy makers somewhat about what the job was included without consulting Startups (who liked to call the 16 Z “Little Tech”). Andresen Harovits did not immediately respond to the request to make any comment.

McHenry spent 20 years in Congress before retiring in January. As the chairman of the House Financial Services Committee, he was probably the best known for dressing the then SEC chair Gary Jensler.

Jensler was especially a buzzman in the Crypto World, filed a lawsuit against Crypto Coin And threatening to sue others like Robinhood. The Current SEC is busy excluding these suits And investigate.

“The SEC under the chair Genble has turned into a mischievous agency,” said McHenry During the hearing in SeptemberThe SEC of the “control through application” accuses the chair.

Meanwhile, the A1 16 Z, which has collected $ 7.6 billion in the Crypto/Web3 Tech as 2022, has been embedded itself in the policies and government of all issues lately. Early this month, Brian Quintenz, who led the policy for the Crypto team of A1 16 Z, Said that he was being assigned to head Commodity Future Trading Commission (CFTC).

Plus, Sriram Krishnan, a former general partner of A1 16 Z, is now a senior policy adviser to the White House; Scott Cupor, one of the management partners of the firm, Was tapped for leadership Worker Management Office; And another investor of the farm is Jamie Sullivan Has been asked to give advice Dog

Andresen Harovits Burgoning American Dynamism practice, which supports startups in defense and government technology, hiring abundant, recently adding recently Former Marine Daniel Penny As investor.