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The window to lead on digital assets won’t stay open forever. Europe isn’t waiting—and neither is China.
I’ve spent years building the Clarity Act so America doesn’t have to play catch up. We must act now.
SCOOP: Bipartisan duo unveils their crypto tax bill after months of iterating drafts of the legislation.
Steven Horsford and Max Miller’s bill includes changes like calling on Treasury to study de minimis threshold instead of setting one.
news.bloombergtax.com/daily-tax-repo…
America should lead the future of finance, not watch innovation move offshore.
The CLARITY Act gives digital assets clear rules, protects consumers, and keeps the U.S. the financial center of the world.
Now let’s pass it on the Senate floor and send it to @POTUS’s desk.
Make American Housing Affordable Again.
AND
BAN CBDC.
DON'T BUILD A GO-LIVE DATE FOR CBDC USING HOUSING AS A TROJAN HORSE. washingtonreporter.news/op-ed-rep-warr…
@Mike_IXI@RepKeithSelf A far more fitting spot, but Democrats want CBDC. They are fighting to keep the go-live language in the housing bill and vote NO on all bans.
“Don’t believe the advocates selling this as a harmless technological upgrade. CBDC is, in reality, a powerful tool for government surveillance and control over every American’s financial life,” @RepMichaelCloud and Rep. Keith Self argue.
The Senate housing bill, as written, caters to the worst impulses of Elizabeth Warren.
The House-amended bill fixes that.
From removing language that kills new housing to strengthening anti-CBDC language and more, I detail our improvements in a @dcexaminer op-edwashingtonexaminer.com/op-eds/4573201…
Digital assets make doing business cheaper and faster: more opportunity and lower costs for Americans.
We need to pass the CLARITY Act to create clear rules of the road and bring the crypto industry back to America.
The gun store you visit. The church you donate to. The medication you need. The books you buy.
A CBDC lets Washington track all of it.
That’s not a “digital upgrade.” That’s the infrastructure for financial authoritarianism.
Congress must permanently ban it.
Read more in the co-authored op-ed with @RepKeithSelf
Found in the @WashTimes@WashTimesOpEdwashingtontimes.com/news/2026/may/…
The US House of Representatives could deliver a unifying win this week with bipartisan housing affordability legislation. Instead, they currently plan to deliver a go-live date for Central Bank Digital Currency (CBDC), using housing as the Trojan Horse.
Sadly, it’s being pitched as a ban, but the 2030 sunset works a pre-launch development period.
Tell the @housegop to make the ban permanent, or pull the language.
The Chinese Communist Party uses a central bank digital currency (CBDC) to surveil and control its people.
If the U.S. adopted its own CBDC, privacy and economic freedom as we know it would cease to exist.
My Anti-CBDC Surveillance State Act BANS our government from ever creating this Orwellian tool.
The House passed it. Now, the Senate must act. Great read by @RepKeithSelf and @RepMichaelCloud.
washingtontimes.com/news/2026/may/…
CBDC is the ultimate surveillance tool — pure tyranny disguised as “progress.”
The government could track every purchase you make: guns, church donations, books, meds, and travel.
Then freeze your money with a flip of a switch.
This isn’t currency. It’s control.
BAN CBDC NOW.
Digital assets provide individual freedom and individual savings. It is faster, it is cheaper, it is secure— and we’re inviting that consumer environment into our country under a very clear set of rules.
The risks the Ranking Member spoke of exist right now because there’s no regulatory framework. The Clarity Act creates one by establishing clear rules at the SEC and CFTC to protect good actors, punish bad ones, and bring the digital asset industry back to America.
This week, the Senate Banking Committee proved Washington can still work together.
Passing the bipartisan Clarity Act was historic and personal to me. My mother raised my brother and me with faith, grit, and determination, teaching us that the American Dream should be within reach for every family.
Proud of @BankingGOP for taking a step forward to make America the crypto capital of the world!
ICYMI: Rep. Al Green Warns Cryptocrats’ Plan to Decentralize Currency Would Undermine U.S. Monetary System.
You can access Rep. Al Green’s floor speech on YouTube by clicking here: youtu.be/s_JElj8WWAA?si…
Congressman Al Green will speak from the floor of the House of Representatives on the topic of “the dangers of unregulated cryptocurrency” within approximately one hour after 11:00 a.m. ET. Tune in to @CSPAN live by clicking here: cspan.org
I want each and every American to benefit from this digital revolution that is upon us — and it’s on Congress to keep them protected from risks associated with it. We will keep working.
"I am unbought by crypto cash, unbought by the millions of dollars that the crypto industry spends to elect people to Congress so that they can have influence over legislation," [H3547]
"unafraid to speak truth to the powerful crypto industry and unafraid to speak truth about the powerful crypto industry." [H3548]
"There are dangers associated with cryptocurrency when it is not properly regulated." [H3548]
Proud to vote YES on the crypto market structure bill today. Washington shouldn’t be in the business of strangling American innovation. Clear rules, free markets, and U.S. leadership in digital assets. That’s a win.
Today I was proud to advance the Digital Asset Market Clarity Act. This legislation is vital to supercharging innovation and preparing our economy for the 21st century.
What the GENIUS Act is doing for the stablecoin ecosystem, CLARITY promises to do for all digital assets.
While today marks an important milestone, the legislative work continues.
Congrats to the Senate Banking Committee and @SenatorTimScott for advancing the CLARITY Act out of committee, taking us one step closer to making America the crypto capital of the WORLD.
We look forward to making sure @POTUS signs the most significant, transformative piece of crypto legislation EVER!
Just voted to advance the CLARITY Act out of the @BankingGOP Committee with bipartisan support.
This is a big step for crypto, consumer protection, and keeping the future of finance here in America.
Now let’s get it to the Senate Floor and onto the @POTUS's desk.
The digital revolution is upon us, and it has presented a clear opportunity to support small businesses, generate wealth, spur innovation, and support younger Americans who want to be part of this revolution. And this digital revolution is happening with us or without us—we have a responsibility to regulate it to create rules of the road.
That is why I’ve been at the table. I’ve been in negotiations for over nine months, working toward regulating digital assets in a way that protects consumers and reduces the risks of deposit flight and deceptive marketing. I have negotiated in good faith with colleagues on both sides of the aisle willing to meet this critical moment. I’ve worked to make this bill better.
Let me be very clear: my vote today is a vote to keep working in good faith. It does not mean I will be voting for the passage of the CLARITY Act on the floor. We still have work to do.
We need to find a workable way to address law enforcement’s concerns about financial crimes. I am a former prosecutor and know how important that is. We also need to include an agreement on ethics—that would apply not just to the President and Vice President but to all of us. The American people—especially my constituents—expect that from us.
I will keep working with my colleagues to get this done. Americans—from every background and every community—deserve to benefit financially from this digital revolution and be protected from the risks that come with it. If we don’t act, we will be left behind. I won’t let that happen.
It’s clear we need to pass market structure legislation, and I’ve worked for months with colleagues on both sides of the aisle to negotiate a bill that provides clear rules of the road for a growing industry.
But the current version of the CLARITY Act undermines law enforcement’s ability to trace illicit finance and recover victims’ money, while at the same time creating a more challenging environment to prosecute criminals for knowingly transmitting illicit funds.
It’s disappointing that my commonsense fixes discussed among stakeholders and supported by police and prosecutors nationwide weren’t adopted today. But I’m committed to finding solutions that allow us to take on bad actors – the criminals not the everyday coders – while giving the millions of U.S. crypto users the certainty they need.
This bill proposes the creation of a voluntary "Mined in America Certification Program" under the Secretary of Commerce. Its aim is to encourage the replacement of cryptocurrency mining hardware sourced from foreign adversaries with compute infrastructure manufactured within the United States or allied nations. The legislation mandates the use of federal programs and authorities to promote this domestic and allied-sourced hardware, thereby strengthening the national supply chain for critical digital asset infrastructure.
The Digital Commodity Intermediaries Act aims to establish a regulatory framework for digital commodities under the Commodity Futures Trading Commission (CFTC). It defines key terms like "digital commodity," "blockchain," and "decentralized finance protocols." The bill grants the CFTC exclusive jurisdiction over spot digital commodity markets and excludes permitted payment stablecoins. It also creates an expedited registration process for digital commodity exchanges, brokers, and dealers, and provides a safe harbor for software developers involved in blockchain infrastructure.
The Blockchain Regulatory Certainty Act of 2026 aims to clarify the regulatory treatment of certain non-controlling developers or providers of distributed ledger services involved in digital assets. Specifically, it exempts those who do not have the unilateral ability to control or effectuate transactions from being treated as money transmitting businesses under federal law. This includes activities like creating software, providing maintenance, facilitating self-custody, or offering infrastructure support for distributed ledgers, ensuring they are not subject to similar registration requirements.
The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.
The "Blockchain Regulatory Certainty Act" (H.R. 3533) provides a safe harbor for non-controlling blockchain developers and service providers, exempting them from being classified as money transmitters or financial institutions, and thus from associated licensing and registration requirements, unless they have control over users' digital assets. This aims to prevent such entities from incurring liability for unlicensed or unregistered conduct.
The GENIUS Act of 2025 proposes a regulatory framework for payment stablecoins. It defines permitted issuers (insured depository institutions, their subsidiaries, and approved nonbank entities) and mandates 1:1 reserve backing with specific high-quality assets. The bill outlines federal and state regulatory oversight options, sets requirements for customer asset segregation, and grants stablecoin holders priority in insolvency proceedings. It also clarifies that regulated payment stablecoins are not considered securities or commodities under various acts. The bill designates issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML, KYC, and sanctions regulations to prevent illicit finance and safeguard national security. It also reinforces U.S. leadership in digital finance by supporting innovation and ensuring the dollar remains competitive in a rapidly evolving global financial landscape.
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Treasury relating to "Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions".
Date Introduced: 2024-08-02
Status: Introduced and Sponsored
This joint resolution seeks to disapprove a rule from the Department of the Treasury regarding "Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions." If enacted, the bill would nullify the Treasury's rule, preventing the implementation of new reporting requirements for digital asset brokers concerning transaction proceeds and cost basis. The bill aims to block a specific regulatory action by the Treasury related to crypto tax reporting.