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Feb 26, 2025
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Patrick McHenry Joins Andreessen Horowitz as Senior Advisor

1 min

Patrick McHenry, former U.S. House Financial Services Committee Chair, has joined Andreessen Horowitz (a16z) as a senior advisor. He announced this role on X.

Key points:

  • McHenry served briefly as acting Speaker of the House in 2023.
  • He aims to eliminate barriers for startups and promote innovation in his new position.
  • McHenry has a history of advocating for the crypto industry, co-sponsoring key legislation like the Financial Innovation and Technology for the 21st Century Act.
  • He previously collaborated with Rep. Maxine Waters on bipartisan stablecoin legislation.
  • Earlier this month, he also joined Stripe as a senior advisor.
  • A16z contributed around $70 million to the crypto-friendly super PAC Fairshake last election cycle and has allocated $116 million for the next cycle.