Does Randy Feenstra Support Crypto?

Somewhat Pro-Crypto

Voted for a bill on 2025-07-17

Bill Name

CLARITY Act

Details

The "Digital Asset Market Clarity Act of 2025," or "CLARITY Act of 2025," establishes a regulatory framework for digital commodities, granting the CFTC exclusive jurisdiction over spot market transactions and related entities like exchanges, brokers, and dealers. It aims to differentiate digital commodities from securities, introduce a "mature blockchain system" concept for regulatory exemptions, and protect individual self-custody rights.

Vote Type

Final Passage Out Of House

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

Rep. Randy Feenstra

@RepFeenstra

Today, I spoke on the House floor in strong support of the CLARITY Act. We want digital asset innovation to happen in America and crypto jobs to be created in America – without ceding ground to foreign countries. The CLARITY Act unlocks economic growth & financial opportunity.

2025-07-17T14:32:57.000Z

Rep. Randy Feenstra

@RepFeenstra

Today, during a @HouseAgGOP hearing, I spoke in support of the CLARITY Act, which protects consumers, fosters innovation, and establishes clear rules of the road for digital assets. I want to especially thank President Trump for championing digital assets and cryptocurrency!

2025-06-04T16:58:24.000Z

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

Randy Feenstra

@RandyFeenstra

I voted to ban the creation of Central Bank Digital Currency (CBDC) in the United States to protect the privacy of American taxpayers. China uses a CBDC to spy on its people. We can never let that happen in America.

2024-09-25T18:11:58.000Z

Add your own commentary on this bill

Took stances on a bill between 2024-03-01T00:00:00.000Z 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

2024-03-01

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

Somewhat Pro-Crypto

Rep. Randy Feenstra

@RepFeenstra

I'm a proud supporter of @GOPMajorityWhip's CBDC Anti-Surveillance State Act. We do not need a central bank digital currency in the United States!

Tom Emmer

@GOPMajorityWhip

The idea of a central bank digital currency is more than alarming, it is down-right un-American. This week, the @HouseGOP will uphold the American values of privacy, individual sovereignty, and free-market competitiveness by passing my CBDC Anti-Surveillance State Act.

2024-05-20T15:45:00.000Z

2024-05-20T16:02:22.000Z

Commentary on Stance

Stand With Crypto
marked this stance as somewhat pro-crypto

DoTheySupportIt
marked this stance as very pro-crypto

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

Rep. Randy Feenstra

@RepFeenstra

Kicked off today’s #39CountyTour touring a cryptocurrency mining facility in Grundy County. We talked about innovative ways to power these facilities and the need to keep bad actors out of cryptocurrency networks. #IA04

2022-08-10T15:42:29.000Z