"The competition and merchant banking provisions in Sections 601, 604, and 801 would add new stress points by accelerating bank-fintech/crypto arrangements, and making it easier to rubber stamp mergers and concentration--while expanding merchant banking des that blur the line between banking and" [H4729]

Henry Cuellar completed the Stand With Crypto Questionnaire and indicated strong support for developing a clear, predictable federal regulatory framework for digital assets. He advocates for legislation that defines digital assets as securities or commodities, provides clear pathways for businesses, and protects the right to self-custody, while also supporting an end to de-banking practices for lawful crypto users. Cuellar has co-sponsored and voted for various bills, including the FIT21 Act, reflecting these positions.