Does Al Green Support Crypto?

Voted against a bill on 2025-07-17

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

Quoted from cointelegraph.com on 2025-06-11

“The US House Committee on Financial Services has advanced a crypto market structure bill called the Digital Asset Market Clarity (CLARITY) Act, which will soon head to the full House floor for a vote.

House Financial Services lawmakers voted 32 to 19 on Tuesday to put the CLARITY Act to a full floor vote…”

Al Green was one of the representatives who voted against advancing this pro-crypto legislation.

Congressman Al Green

@RepAlGreen

Congressman Al Green Warns Crypto Could Undermine Dollar and U.S. Sanctions Power. Watch the short clip of Rep. Green during the @USHouseFSC hearing by clicking here: youtu.be/3ovr8b9F_fU

2025-06-04T20:54:57.000Z

Voted against a bill on 2025-03-11

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

Voted against a bill on 2024-05-22

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

Vote Type

Final Passage Out Of House

Voted against a bill on 2024-05-08

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

Quoted from docs.house.gov on 2023-07-26

Representative Al Green voted against 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.

Congressman Al Green

@RepAlGreen

Cong. Al Green Questions Digital Assets Panel on Lack of Gender Diversity youtu.be/2Wn45KFcELg

2023-06-20T21:36:07.000Z

Congressman Al Green

@RepAlGreen

Representative Green Delves into Issues of Diversity in Digital Assets youtu.be/34z5lchfris

2023-05-11T21:36:42.000Z

Quoted from warren.senate.gov on 2022-10-12

"Cryptomining is adding significant demand to an already unreliable grid, “pos[ing] enormous challenges to the transmission and distribution system and to prices” and contributing to the global climate crisis."

Congressman Al Green

@RepAlGreen

In today’s hearing, @FSCDems are evaluating the tremendous growth of cryptocurrencies and taking a look at the impact of digital assets on consumers, investors, and the environment. Tune in LIVE NOW to learn more: financialservices.house.gov/events/eventsi…

2021-12-08T15:33:47.000Z

Al Green reposted the post below

CSPAN

@cspan

House @FSCDems @financialcmte hearing on Cryptocurrency – LIVE on C-SPAN3 c-span.org/video/?513079-…

2021-06-30T14:17:59.000Z

Congressman Al Green

@RepAlGreen

Today’s subcommittee hearing on #crypto has begun. Tune in live!

U.S. House Committee on Financial Services

@USHouseFSC

#TODAY - the Subcommittee on Oversight and Investigations, chaired by @RepAlGreen, is holding a hybrid hearing entitled, "America on “FIRE”: Will the #Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?."

2021-06-30T13:32:41.000Z

2021-06-30T14:10:39.000Z