Does Lori Chavez-DeRemer Support Crypto?

Bill

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.

Bill

FIT21

Details

This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.

Vote

Final Passage Out Of House

Bill

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

Final Passage Out Of House

Quoted from standwithcrypto.org · 2024-03-20

Lori Chavez-DeRemer completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. She emphasized the importance of crypto in driving technological innovation, economic growth, and job creation.  Lori Chavez-DeRemer supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

Quoted from youtu.be · 2023-07-27

During the markup of H.R. 4763, the Financial Innovation and Technology for the 21st Century Act in the House Committee on Agriculture, Representative Lori Chavez-DeRemer voiced her support for the bill. She highlighted her satisfaction with the provision that allocates additional funds to the CFTC. Chavez-DeRemer emphasized that this bill represents a significant step towards regulating a market in which an increasing number of constituents are participating. She also expressed optimism about regulating this market, which sees growing engagement from constituents daily.