Congressman Don Davis
@RepDonDavis
We focused on establishing a market structure for digital assets, increasing pay for servicemembers, and advocating for eastern North Carolina this week. Here are the highlights:
2025-07-20T14:47:19.000Z
Does Don Davis Support Crypto?
Based on previous comments, Don Davis has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Don Davis has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Took stances on a bill between May 29th, 2025 and Jul 17th, 2025
Bill Name
CLARITY Act
Details
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.
Timeline
May 29th, 2025
Very Pro-Crypto
Cosponsored
Jul 17th, 2025
Very Pro-Crypto
Voted for - Final Passage Out Of House
Voted for a bill on Jul 17th, 2025
Bill Name
GENIUS Act
Details
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.
Vote Type
Final Passage Out Of House
Congressman Don Davis
@RepDonDavis
My statement on H.R. 3633, Digital Asset Market Clarity Act of 2025:
2025-07-17T19:41:40.000Z
Congressman Don Davis
@RepDonDavis
The CLARITY Act is poised to position the U.S. as the foremost global leader in digital assets. With this legislation, investors and innovators will thrive within a regulatory framework prioritizing consumer protections. It's essential for Congress to pass the CLARITY Act!
2025-07-17T16:26:37.000Z
Congressman Don Davis
@RepDonDavis
With millions of Americans investing in digital assets, we need clear and consistent rules.
2025-07-15T15:21:44.000Z
Congressman Don Davis
@RepDonDavis
The U.S. Senate passed the GENIUS Act, a major step forward in regulating stablecoins. Rural America must have a seat at the table in shaping the future of financial innovation.
2025-06-17T22:21:51.000Z
Congressman Don Davis
@RepDonDavis
The CLARITY Act passed out of the House Agriculture Committee, bringing us closer to clear rules for digital assets, stronger consumer protections, and a more innovative future. America must lead.
2025-06-11T16:42:59.000Z
Congressman Don Davis
@RepDonDavis
The @DigitalChamber Power Hour with @RepTimmons was terrific. Congress must take decisive action on stablecoin and market structure legislation. The U.S. must lead the way!
2025-06-06T00:02:46.000Z
Congressman Don Davis
@RepDonDavis
The Digital Asset Market Clarity (CLARITY) Act establishes a regulatory framework for digital assets in the United States, and I am co-leading it to ensure that America leads and shapes the future of digital finance.2025-05-29T17:39:09.000Z
Congressman Don Davis
@RepDonDavis
Digital asset policy remains vital for American innovation. As Ranking Member of the House Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development, I’m ready to roll up my sleeves and bring the modern world to rural communities.
2025-04-09T19:57:44.000Z
Voted for a bill on Mar 11th, 2025
Bill Name
H.J. Res 25
Details
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".
Vote Type
Final Passage Out Of House
Congressman Don Davis
@RepDonDavis
Pegged to the U.S. dollar, stablecoins are transforming global finance. With a market worth $176 billion, they support financial inclusion and strengthen the dollar’s global dominance. Congress must act to create clear regulatory frameworks to foster innovation, stability, and economic growth.
2024-11-14T01:10:45.000Z
Quoted from www.standwithcrypto.org on Jul 11th, 2024
Congressman Don Davis completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. He emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Congressman Don Davis supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.
Cosponsored a bill on Jun 27th, 2024
Bill Name
Uniform Treatment of Custodial Assets Act
Details
To prohibit certain Federal agencies from requiring certain institutions to include assets held in custody as a liability, and for other purposes.
Voted against a bill on May 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.
Vote Type
Final Passage Out Of House
Voted for a bill on May 22nd, 2024
Bill Name
FIT21
Details
Financial Innovation and Technology for the 21st Century Act
Vote Type
Final Passage Out Of House
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.
Vote Type
Final Passage Out Of House