Voted for a bill on May 22nd, 2024
Bill Name
FIT21
Details
Financial Innovation and Technology for the 21st Century Act
Does Andrew Garbarino Support Crypto?
Based on previous comments, Andrew Garbarino has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Andrew Garbarino has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Voted for a bill on May 8th, 2024
Bill Name
SAB 121 House Joint Resolution
Details
For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121".
This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.
Cosponsored a bill on Feb 23rd, 2024
Bill Name
CBDC Anti-Surveillance State Act
Details
To amend the Federal Reserve Act to prohibit the Federal Reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.
Quoted from docs.house.gov on Jul 26th, 2023
Representative Andrew Garbarino voted For advancing H.R. 4763, the Financial Innovation and Technology for the 21st Century Act, out of the House Financial Services Committee. The recorded vote showed 35 ayes to 15 nays.
H.R. 4763, the Financial Innovation and Technology for the 21st Century Act is a comprehensive market structure bill that would protect consumers, ensure crypto companies have robust rules, and create clarity for job creators and blockchain builders.
Quoted from www.bloomberg.com on Jan 13th, 2023
"Crypto is good innovation, we just need to make sure there's protections and good regulations to let people know what the rules are and what they aren't."
"I think it's going to be around for a while, I don't think crypto is going to end... if we don't regulate it here, a lot of these companies are going to go to other countries that are more welcoming, and I don't think that's going to be very good for us either."