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Chuck Schumer

Does Chuck Schumer Support Crypto?

Based on previous comments, Chuck Schumer has indicated they are somewhat anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Chuck Schumer has made about crypto.

Document a stance Chuck Schumer has taken on crypto
profile picture of Chuck Schumer

US Senator from New York

Democrat

Links

https://x.com/SenSchumer
https://www.schumer.senate.gov

Very Pro-Crypto

Voted for a bill on 2025-03-04
Bill Name
S.J. Res 3
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 Senate
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Very Pro-Crypto

Quoted from coindesk.com on 2024-08-14

U.S. crypto legislation can happen this year, Senate Majority Leader Chuck Schumer (D-N,Y,) said Wednesday at the first major event in which crypto insiders have come out for Vice President Kamala Harris as their favored presidential contender.

"We all believe in the future of crypto," Schumer said at an online event hosted by Crypto4Harris. "Congress has a responsibility to provide common sense and sound regulation on crypto, and we need your support to make sure that any proposal is bipartisan."

"Crypto is here to stay, no matter what, so Congress must get it right," Schumer said.

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Very Pro-Crypto

Voted for a bill on 2024-05-16
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 Senate
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