Congressional Blockchain Caucus Collides With Midterms, Partisan Risk

Congressional Blockchain Caucus

The U.S. House of Representative’s Congressional Blockchain Caucus, a key vehicle for driving blockchain interest in Congress,  may be on the precipice of significant change with midterm elections looming next week.

Among the Caucus’ 39 members, seven are retiring (4 Democrats, 3 Republicans). The remaining 32 members are expected to win their elections. See below.

According to polls for the seven retiring seats, only one is expected to flip to another party: Tennessee’s 5th District where Andy Ogles (R) is expected to win the seat for Republicans replacing retiring Democrat Rep. Jim Cooper. Interest in blockchain tech – let alone the Caucus – by any of these newcomers is unknown at this time.

Caucus before-and-after totals look like this:

    • 117th Congress: 22 Republicans and 17 Democrats
    • 118th Congress: 19 Republicans and 13 Democrats

Next year’s membership seems poised to grow – if its leaders want it to – given Congressional momentum for blockchain legislation. Amidst this backdrop is the original purpose of many caucuses: bringing Members together across party lines on a particular area of interest. The Congressional Blockchain Caucus would appear to be no exception with an aim to both educate and promote to all Members.

Bipartisanship 2023

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