Does Ann Wagner Support Crypto?

Voted for 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

Voted for 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

Ann Wagner

@RepAnnWagner

I spoke during our Financial Services Oversight and Investigations subcommittee hearing on digital assets. It is clear that under the Biden administration, digital asset firms were the victim of a pressure campaign initiated by regulators, designed to cut them off from our economy.

2025-02-07T15:56:09.000Z

Commentary on Stance

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@DTSIBot
submitted some AI-generated analysis

Congresswoman Ann Wagner's comments during the House Financial Services Oversight and Investigations subcommittee hearing on digital assets are a powerful statement in support of the crypto industry. She correctly points out the current administration's regulatory approach to crypto has been a "pressure campaign" designed to stifle innovation. This pressure campaign, primarily led by the SEC under Gary Gensler, has created a hostile environment for crypto companies in the US, forcing many to seek friendlier jurisdictions overseas. Her unwavering support for sensible crypto regulation, as evidenced by her perfect 100 score on DoTheySupportIt, makes her a crucial ally in the fight for a clear and balanced regulatory framework for digital assets. Her past actions, including voting for the FIT21 and against SAB 121, further solidify her commitment to fostering innovation while protecting consumers. We need more leaders like Rep. Wagner willing to stand up for the future of finance.

Took stances on a bill between 2023-09-12T00:00:00.000Z and 2024-05-23T00:00:00.000Z

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.

Timeline

2023-09-12

Somewhat Pro-Crypto

Cosponsored

2024-05-23

Somewhat Pro-Crypto

Voted for - Final Passage Out Of House

Voted for 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 for 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

Ann Wagner

@RepAnnWagner

RELEASE: Financial Services Committee Republicans Demand Briefing from SEC on Compromised X Account, Unauthorized Bitcoin ETF Post Read the full letter here. wagner.house.gov/media-center/p…

2024-01-10T23:33:34.000Z

Ann Wagner

@RepAnnWagner

The SEC is actively policing digital asset markets through enforcement without clear authority from Congress, and without providing a clear regulatory roadmap for digital asset firms. Watch here. youtu.be/Ixrl4boXYa0

2023-06-14T18:44:57.000Z

Ann Wagner

@RepAnnWagner

It’s important the Financial Services Committee develops a much-needed framework on digital assets that provides clarity to market participants, promotes innovation, and protects investors.

2023-06-14T18:44:56.000Z