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  3. Rob Portman

DoTheySupportIt grades politicians on crypto from how they vote and what they say. How it works

profile picture of Rob Portman

Former US Senator from Ohio

Does Rob Portman Support Crypto?

Republican · 3 January, 2021 - 3 January, 2023

8 statements

Latest · 2022-02-12Post on X from @robportmanOHVery Pro-Crypto
  • @robportmanOH
  • portman.senate.gov
A
Crypto grade
Very Pro-Crypto
Based on 8 stances

Based on previous comments, Rob Portman has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Rob Portman has made about crypto.

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Full record

2022-02-12T00:00:00.000Z
X profile picture of @robportmanOH
Rob Portman
@robportmanOH
Appreciate the Treasury Department affirming that crypto miners, stakers and those who sell hardware and software for wallets are not subject to tax reporting obligations. As I have said from the start, this requirement only applies to brokers.
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2022-02-12T00:58:07.000Z
Very Pro-CryptoAdd commentary on this stance
2021-08-09T00:00:00.000Z
X profile picture of @robportmanOH
Rob Portman
@robportmanOH
I'm pleased to announce that Senators Warner, Toomey, Sinema, Lummis & I have reached an agreement on an amendment to clarify IRS reporting rules for crypto transactions w/o curbing innovation or imposing information reporting requirements on stakers, miners, or other non-brokers
2021-08-09T16:34:50.000Z
Very Pro-CryptoAdd commentary on this stance
2021-08-05T00:00:00.000Z
X profile picture of @robportmanOH
Rob Portman
@robportmanOH
I agree with Senators Wyden, Toomey, Lummis that we can do more to clarify the intent of the cryptocurrency provision & the Senate should vote on their amendment.
2021-08-05T15:45:15.000Z
Neutral on CryptoAdd commentary on this stance
2021-08-04T00:00:00.000Z
X profile picture of @robportmanOH
Rob Portman
@robportmanOH
Today, Senator Sinema and I entered the nonpartisan Joint Committee on Taxation technical explanation of Section 80603: information reporting for brokers and digital assets of the Infrastructure Investment and Jobs Act into the record. portman.senate.gov/sites/default/…
2021-08-04T01:11:06.000Z
Neutral on CryptoAdd commentary on this stance
2021-08-03T00:00:00.000Z
X profile picture of @robportmanOH
Rob Portman
@robportmanOH
This common-sense provision will provide clarity and legitimacy for the industry, make life easier for everyday Americans, and help ensure that the US remains a global leader in crypto innovation and development.
2021-08-03T23:07:11.000Z
Very Pro-CryptoAdd commentary on this stance
2021-08-03T00:00:00.000Z
X profile picture of @robportmanOH
Rob Portman
@robportmanOH
Digital assets like bitcoin and other cryptocurrencies are a rapidly growing part of our economy. The underlying distributed ledger and blockchain technology has many applications, and Congress should prioritize policies that fuel innovation & growth in the crypto space.
2021-08-03T23:07:10.000Z
Very Pro-CryptoAdd commentary on this stance
2021-08-03T00:00:00.000Z
X profile picture of @robportmanOH
Rob Portman
@robportmanOH
The legislation does not impose new reporting requirements on software developers, crypto miners, node operators or other non-brokers. It simply says that brokers must comply with standard information reporting obligations. Which many already do!
2021-08-03T23:07:10.000Z
Neutral on CryptoAdd commentary on this stance
2021-08-03T00:00:00.000Z
X profile picture of @robportmanOH
Rob Portman
@robportmanOH
The infrastructure bill includes a provision that helps accomplish that goal. It standardizes information reporting by crypto-brokers to the IRS for tax purposes – the same way it’s done for stock trades. This will make it easier for folks to determine & pay their tax bill.
2021-08-03T23:07:10.000Z
Very Pro-CryptoAdd commentary on this stance

All positions

  • Former US Senator from Ohio
    3 January, 2021 - 3 January, 2023
  • Former US Senator from Ohio
    3 January, 2019 - 3 January, 2021
  • Former 35th Director of the Office of Management and Budget
    29 May, 2006 - 19 June, 2007
  • Former 14th United States Trade Representative
    17 May, 2005 - 29 May, 2006
  • Former White House Director of Legislative Affairs
    25 September, 1989 - 12 April, 1991

How grades work

Each stance is scored from very anti- to very pro-crypto, and a person's grade is based on those scores. Newer stances can make older ones irrelevant.

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