Nonetheless, Schumer stated twice that his purpose was to have a invoice handed out of the Senate and signed into regulation by the top of the yr. He talked about the Monetary Innovation and Expertise for the twenty first Century Act (FIT21), a Home-passed invoice spearheaded by Rep. Patrick McHenry (R-N.C.), in addition to a yet-to-be-introduced invoice being developed within the Senate Agriculture Committee, although he stopped wanting explicitly endorsing both product.