Congressman – DIGIT INFO

Congressman Calls for SEC Chair’s Dismissal Over ‘Regulation by Harassment’

DIGIT — Sat, 13 Jul 2024 22:20:46 +0000

House Majority Whip Tom Emmer has criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, accusing him of “regulation-by-harassment,” and calling for his dismissal. The congressman has consistently opposed Gensler’s regulatory practices, supporting legislative reforms for the SEC. He argues that Gensler’s approach undermines the securities regulator’s mission to protect investors and maintain orderly […]

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Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman

DIGIT — Tue, 02 Jul 2024 00:34:55 +0000

Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The ruling is seen as a game changer for the crypto industry and other tech sectors, promising more predictable and grounded regulations. Supreme Court’s Chevron Ruling […]

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US Lawmaker: Crypto Self-Custody Is Antidote to FTX Fraud — ‘Keep Your Coins Act’ Will Protect Self-Hosted Wallets

DIGIT — Thu, 22 Dec 2022 04:30:29 +0000

U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud. He is pushing for his bill called “Keep Your Coins Act,” which aims to “protect self-custody from misguided attempts to restrict it.” U.S. Lawmaker Pushes for Self-Custody Congressman Warren Davidson (R-Ohio) has touted crypto self-custody following the […]

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US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures

DIGIT — Wed, 14 Dec 2022 02:30:24 +0000

U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at the expense of investors … leaving us to learn about the SEC’s crypto investigations, […]

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US Lawmakers Say Any Digital Dollar Must Be Open, Permissionless, and Private

DIGIT — Sat, 03 Dec 2022 02:30:31 +0000

Nine U.S. lawmakers have raised concerns regarding the U.S. central bank digital currency project led by the Federal Reserve Bank of Boston. The lawmakers stressed: “Any U.S. CBDC must be open, permissionless, and private.” Congressmen Say Any US CBDC Must Be Open, Permissionless, and Private U.S. Congressman Tom Emmer (R-MN) announced Thursday that he has […]

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US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation

DIGIT — Wed, 16 Nov 2022 05:30:51 +0000

U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added that he plans to work with his colleagues in Congress in the coming weeks “to examine options for federal legislation.” […]

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US Lawmakers ‘Deeply Concerned’ That SEC Is Enacting Rules Too Quickly, Without Sufficient Feedback

DIGIT — Mon, 07 Nov 2022 23:30:10 +0000

Two U.S. lawmakers have requested answers from the Securities and Exchange Commission (SEC) about its rulemaking process. Their request followed the latest SEC Inspector General report that “raises significant concerns that the agency is trying to enact too many rules, too quickly.” ‘SEC Is Enacting Rules Without Sufficient Feedback’ U.S. Senator Pat Toomey (R-PA) and […]

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US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’

DIGIT — Fri, 04 Nov 2022 01:30:19 +0000

Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy and inconsistency.” They added: “While the SEC is failing to comply with federal transparency and record-keeping laws, the SEC is aggressively enforcing record-keeping laws on private businesses.” Gensler’s Regime at SEC ‘Has Been Characterized by Regulatory Hypocrisy […]

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US Lawmaker Says Bitcoin Is Aligned With American Values, Will Strengthen the Dollar

DIGIT — Sat, 19 Mar 2022 11:30:40 +0000

U.S. Congressman Pete Sessions says bitcoin is aligned with American values and will strengthen the U.S. dollar. The lawmaker further noted that the cryptocurrency “is trending to be a more resilient alternative option to hedge against fiat-currency inflation.” Rep. Pete Sessions Sees Merit in Bitcoin U.S. Representative Pete Sessions tweeted about bitcoin several times this […]

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Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill

DIGIT — Fri, 13 Aug 2021 00:30:56 +0000

U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep. Eshoo Asks Pelosi to Amend ‘Harmful Language’ on Crypto […]

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