Based on previous comments, Ralph Norman Jr. has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Ralph Norman Jr. has made about Bitcoin, Ethereum, and cryptocurrency innovation.
In case anyone thinks this Amendment is unnecessary, check out the CCP infiltration our digital assets market through a company known as Prometheum.
wsj.com/articles/crypt…
My amendment just unanimously passed the House!
It requires the CFTC & SEC to issue a report regarding how our nation’s foreign adversaries may be exploiting the digital assets marketplace to invade the privacy of Americans.
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.
My bill, the CBDC Anti-Surveillance State Act, garnered significant momentum this week:
- 120 cosponsors
- Broad coalition support
- Reintroduction of @SenTedCruz's Senate companion
Here's what stakeholders are saying about this important legislation:
A Central Bank Digital Currency would create major privacy concerns for Americans, so I'm proud to co-sponsor HR 5403, the #CBDC Anti-Surveillance State Act.
We have enough problems with abusive government surveillance without allowing Federal Reserve to monitor and scrutinize individual account holders and their transactions.
congress.gov/bill/118th-con…
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.
Thank you, @RepRalphNorman, for your #leadership on #stablecoin issues. We appreciate your ensuring that small financial institutions like #creditunions have a seat at the table in discussions on digital currencies.
On the awful idea for Central Bank Digital Currency:
We have enough problems with abusive government surveillance. The Fed should NOT have means to monitor individual account holders or their transactions.
I'm proud to co-sponsor Rep. Emmer's CBDC Anti-Surveillance State Act.
Tom Emmer
@GOPMajorityWhip
The bill does three things:
1. Prohibits the Fed from issuing a CBDC directly to anyone.
2. Bars the Fed from using a CBDC to implement monetary policy and control the economy.
3. Requires the Fed's CBDC projects to be transparent to Congress and the American people