According to @EleanorTerrett on Twitter, Patrick McHenry, former Chair of the House Financial Services Committee, disclosed that ex-SEC chief Gary Gensler was more supportive of cryptocurrency in private than his public statements suggested. McHenry stated that Gensler’s public anti-crypto stance was influenced by Senate and confirmation politics, rather than personal conviction (source: @EleanorTerrett, May 14, 2025). This revelation could shift trader sentiment regarding future regulatory direction, potentially reducing perceived regulatory risk in the crypto markets.