Does Brad Sherman Support Crypto?

Brad Sherman

@BradSherman

President Biden vetoed a Republican attempt to restrict the #SEC from policing #cryptocurrency. But now, #Republicans are trying to override it. Today, I spoke on the House Floor where I urged my colleagues to sustain President Biden's veto. Watch

https://t.co/oHngEWFOPA

2024-07-10T21:15:48.000Z · via Twitter

Brad Sherman

@BradSherman

Today at the @FSCDems Hearing with @SecYellen, I applauded the Admin. for reducing inflation and keeping unemployment low, implementing #DirectFile, and urged careful implementation of the #REPOAct, and stopping the use of #crypto for sanctions evasion. Watch

https://t.co/hQsf1y452b

2024-07-09T17:16:45.000Z · via Twitter

Brad Sherman

@BradSherman

At today’s @FSCDems Capital Markets Hearing, I highlighted the inefficiency of #crypto trades, and applauded the #SEC for moving in the direction of increased transparency and efficiency in our stock market. pic.twitter.com/DUixJ8bpUQ

2024-06-27T22:01:36.000Z · via Twitter

Brad Sherman

@BradSherman

I spoke on the Floor of the House regarding #Crypto Watch

https://t.co/IrgDsZQXv0

2024-06-14T22:31:42.000Z · via Twitter

Brad Sherman

@BradSherman

#Trump completes flip-flop on #Crypto. How much money did the #Bitcoin Billionaire Bros deliver? msnbc.com/rachel-maddow-…

2024-06-14T18:31:55.000Z · via Twitter

Brad Sherman

@BradSherman

Per @PunchbowlNews, #Crypto billionaire bros are spending big so they can make more billions. There's no PAC dedicated to collecting taxes from billionaires, enforcing sanctions laws, stopping drug dealers/human traffickers or keeping the dollar the world’s reserve currency. 1/2 x.com/PunchbowlNews/…

2024-06-13T20:38:51.000Z · via Twitter

Brad Sherman

@BradSherman

At today’s @FSCDems Digital Assets hearing, I highlighted that the real intent of #tokenization is not to increase efficiency, but to avoid American laws and regulations. See my remarks

https://t.co/iOHdCirPXT

2024-06-05T18:18:45.000Z · via Twitter

Brad Sherman

@BradSherman

#Crypto advocates claim that #SamBankmanFried was just one snake in a crypto garden of Eden. As I’ve said before, crypto is a garden of snakes. thetimes.com/uk/scotland/ar…

2024-05-31T14:56:56.000Z · via Twitter

Brad Sherman

@BradSherman

For years, billionaire #Crypto bros yelled not to touch crypto because it's so innovative. Now, #Crypto and the #GOP bring a bill to block innovation. Why? Because the @FederalReserve may create a competing payment system with crypto. See my House Floor speech

https://t.co/aRFQsL81sG

2024-05-23T19:11:23.000Z · via Twitter

Somewhat Anti-Crypto

Voted against a bill on May 23rd, 2024

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.

Brad Sherman

@BradSherman

Today, almost 2 months after #SBF was sentenced to 25 years in prison, @HouseGOP passed his dream bill -- a bill that deregulates #Crypto, drives a dagger into our $100 trillion capital markets, and eviscerates the #SEC’s authority to police the suites. pic.twitter.com/NR1DQdQMaU

2024-05-22T21:37:43.000Z · via Twitter

Voted against a bill on May 22nd, 2024

Bill Name

FIT21

Details

Financial Innovation and Technology for the 21st Century Act

Brad Sherman

@BradSherman

Pleased to meet with @IRSnews Commissioner Werfel and Deputy Commissioner O’Donnell in my office to discuss the need to tax #Crypto transactions, move from #DirectFile to Pre-Population (where the IRS sends the taxpayer a draft of their return) ... (1/2) pic.twitter.com/TYezBGLpww

2024-05-21T17:14:51.000Z · via Twitter

Brad Sherman

@BradSherman

Today, at a roundtable discussion on #Crypto with @brockpierce, I emphasized the threats that #Cryptocurrency poses to our national security. See my full remarks

https://t.co/PF6e5Q3CrZ

2024-05-15T20:22:33.000Z · via Twitter

Brad Sherman

@BradSherman

Today, I spoke on the House Floor in opposition to yet another attempt to restrict the #SEC from policing #crypto. #Crypto cries out for clarity, now they are here to abolish that clarity. Watch

https://t.co/iXjfhDTfJ5

2024-05-08T22:09:17.000Z · via Twitter

Voted against a bill on May 8th, 2024

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.

Brad Sherman

@BradSherman

As we honor those that fight crime in the streets, today's @FSCDems Capital Markets Subcommittee focused on the @SECGov's fight against crime in the suites - including enforcement actions for the #Crypto industry. Watch my full remarks

https://t.co/DANIeszBN7

2024-05-07T18:15:43.000Z · via Twitter

Brad Sherman

@BradSherman

#Crypto billionaires claim that Sam Bankman-Fried #SBF was just one snake in the Crypto Garden of Eden. In fact, Crypto is a Garden of Snakes. I’ve said it before and I’ll say it again, each time we see additional evidence. x.com/ABC/status/177…

2024-04-05T15:36:20.000Z · via Twitter

Brad Sherman

@BradSherman

The #crypto billionaires will claim that #SamBankmanFried was just one snake in a #crypto Garden of Eden. The fact is crypto is a garden of snakes. I’ve said it before and I am saying it again. x.com/CNN/status/177…

2024-03-28T21:47:56.000Z · via Twitter

Brad Sherman

@BradSherman

At today’s @FSCDems Digital Assets Subcommittee hearing on #Crypto crime, I asked leaders of crypto companies to commit to preventing the use of crypto mixers, which aid criminals by obscuring the flow of crypto. Unsurprisingly, not a single one agreed to. Watch

https://t.co/PjB4YBgGJH

2024-02-15T22:29:21.000Z · via Twitter

Brad Sherman

@BradSherman

It was great to meet with @CFTC Chairman Behnam this morning. We discussed the CFTC’s important work to ensure market integrity and protect consumers, especially by holding #Crypto criminals accountable.

2024-02-01T22:48:37.000Z · via Twitter

Brad Sherman

@BradSherman

Seems we’ve found another snake in the #Crypto Garden. Binance and Zhao are the latest. They won’t be the last. Especially if Zhao does not do any time.

2023-11-21T22:08:43.000Z · via Twitter

Brad Sherman

@BradSherman

(2/2) #Cryptocurrency's purpose has always been clear, in fact it’s right there in its name: a form of hidden money.

2023-11-13T17:11:39.000Z · via Twitter

Brad Sherman

@BradSherman

(1/2) It shouldn’t come as a surprise when #crypto is used to cheat on taxes, evade American sanctions and, as we now see, to finance horrific acts of terror. "Hamas Needed a New Way to Get Money From Iran. It Turned to Crypto" by @WSJ

https://t.co/3mPuQIcQHd

2023-11-13T17:11:39.000Z · via Twitter

Brad Sherman

@BradSherman

Some will say that Sam Bankman-Fried is just one big snake in a #crypto Garden of Eden. The fact is, crypto is a Garden of snakes. We have found many other snakes in the crypto garden, and we will find many more. twitter.com/nbcnews/status…

2023-11-03T03:23:27.000Z · via Twitter

Brad Sherman

@BradSherman

I joined @CNBCTheExchange on @CNBC to discuss today's #FederalReserve meeting, the state of the economy, funding for #Israel, #Cryptocurency and the risks of a #GovernmentShutdown Watch the full interview

https://t.co/g5wNr9G5fl

2023-11-01T19:19:55.000Z · via Twitter

Brad Sherman

@BradSherman

#Binance and #Tether, like #FTX and others before them, are not just a few snakes in a Crypto Garden of Eden. #Crypto is a garden of snakes. "Bitcoin Senator Urges ‘Swift Action’ Against Binance, Tether for Links to Terrorist Groups"

https://t.co/tCv7V7n8kT

2023-10-27T16:58:20.000Z · via Twitter

Brad Sherman

@BradSherman

#Cryptocurrency literally means Hidden Money. Hidden Money has driven House #Republicans for years. It’s about time they elect an open advocate for the best technology to hide illegal campaign contributions and gifts. twitter.com/politico/statu…

2023-10-24T17:09:15.000Z · via Twitter

Brad Sherman

@BradSherman

“Analyst: How #Hamas is using #cryptocurrency to raise funds” ~ @CNN amp.cnn.com/cnn/videos/wor…

2023-10-15T20:58:36.000Z · via Twitter

Brad Sherman

@BradSherman

(1/2) #Crypto is not the future of charitable giving in response to terrorist attacks, crypto is the future of terror financing. "Hamas Militants Behind Israel Attack Raised Millions in Crypto" - @WSJ

https://t.co/ywkmceKfSr

2023-10-10T19:52:09.000Z · via Twitter

Brad Sherman

@BradSherman

(2/2) #Crypto tries to cover its tracks: As of 11:30 am, “Crypto Aid Israel” the fund created to send crypto to #Israelis affected by the terrorist attack, claims to have raised $75,000.

2023-10-10T19:52:09.000Z · via Twitter

Brad Sherman

@BradSherman

Billionaire #CryptoBros will say that #SBF was one snake in a #Crypto Garden of Eden. In truth though, #Crypto is a garden of snakes. While his ghost still roams the halls of Congress, today he faces justice. #FTX twitter.com/CNBC/status/17…

2023-10-03T17:29:46.000Z · via Twitter

Brad Sherman

@BradSherman

The #CryptoBros are pushing the CBDC Anti-Surveillance State Act claiming it is Bipartisan. Today's vote in @FSCDems: 20 #Democrats "No". 0 Democrats "Yes". See my Committee speeches opposing the bill

https://t.co/R11GTjUdWG

2023-09-20T23:24:57.000Z · via Twitter

Brad Sherman

@BradSherman

#Cryptocurrency means “hidden money” - its goal is right there in the name. Pleased to see @USTreasury propose rules today that require #crypto platforms to report its customers transactions to the #IRS - a measure @RepLynch & I urged for earlier this summer. See our letter

https://t.co/qodazU14i1

2023-08-25T19:26:59.000Z · via Twitter

Brad Sherman

@BradSherman

Watch my remarks at yesterday’s @FSCDems Markup on a #cryptocurrency market structure bill dangerously designed to diminish the power of the #SEC to regulate #cryptocurrencies

https://t.co/32NGrvXUYN

2023-07-27T15:32:00.000Z · via Twitter

Brad Sherman

@BradSherman

It was a pleasure to meet with @SECGov Chair @GaryGensler in my office this afternoon. We discussed a range of issues including Swing Pricing, #Crypto, #ESG Disclosures, and the SEC’s conflict of interest proposal. (1/2) pic.twitter.com/X6JRB87KQj

2023-07-25T20:10:55.000Z · via Twitter

Brad Sherman

@BradSherman

I thought we’d only have one #crypto indictment today. #FTX wsj.com/articles/forme…

2023-07-13T19:12:14.000Z · via Twitter

Brad Sherman

@BradSherman

During the #SBF saga, I said the supporters of #crypto will say that Sam Bankman-Fried was just one snake in a crypto Garden of Eden. But in reality, crypto was a Garden of Snakes. Since then, we seem to catch another snake every few weeks. #Celsius wsj.com/articles/crypt…

2023-07-13T19:09:33.000Z · via Twitter

Brad Sherman

@BradSherman

I joined @CNBC's @CNBCTheExchange to discuss the Fed interest rate decision, #Crypto, #AI and more. Watch the full interview

https://t.co/0PFeCRBRPQ

2023-06-14T20:17:00.000Z · via Twitter

Brad Sherman

@BradSherman

RT @CNBCTheExchange: Representative Brad Sherman of California joins in Washington to talk his views on the Fed, Banks, Crypto and AI. http…

2023-06-14T19:31:27.000Z · via Twitter

Brad Sherman

@BradSherman

See my questioning at Tuesday's @FSCDems hearing regarding #Crypto

https://t.co/FkipffO1Z1

2023-06-14T15:06:15.000Z · via Twitter

Brad Sherman

@BradSherman

In today's @FSCDems hearing, I posed questions on #Crypto tax evaders, sanctions for ethnic cleansing by Amhara forces in #Tigray, why our tax system subsidizes investment in #China, and the need for #IMF to support rule of law in #Pakistan. Watch

https://t.co/FdHbV8C4KM

2023-06-13T18:10:28.000Z · via Twitter

Brad Sherman

@BradSherman

The #Cryptocurrency industry has been a major source of tax evasion & a significant part of the nation's tax gap. Today I, along with @RepStephenLynch, urged @USTreasury & #IRS to release proposed regulations that would bring the cryptocurrency industry into full tax compliance. pic.twitter.com/VgTlAzrOE4

2023-06-05T20:21:06.000Z · via Twitter

Brad Sherman

@BradSherman

(2/2) #CryptoBillionaireBros have a huge financial stake in promoting #Crypto, so they claim it's a transparent payment method, and drug criminals just don't know what they are doing. Actions speak loudly. Self serving statements, not so much.

2023-05-25T19:34:32.000Z · via Twitter

Brad Sherman

@BradSherman

(1/2) #China fentanyl suppliers use #Crypto because they find the best way to hide from U.S. law enforcement. foxbusiness.com/politics/suspe…

2023-05-25T19:34:31.000Z · via Twitter

Brad Sherman

@BradSherman

Joined @BloombergTV with @kaileyleinz and @mattmiller1973 to discuss the #DebtCeiling and #Crypto. Watch the full interview

https://t.co/zZMLvMBm6G

2023-05-09T21:08:34.000Z · via Twitter

Brad Sherman

@BradSherman

RT @PopBase: Taylor Swift turned down a $100 million deal with crypto exchange company FTX after asking if they were selling ‘unregistered…

2023-04-20T13:47:07.000Z · via Twitter

Brad Sherman

@BradSherman

See my five minutes of questioning at today's @FSCDems hearing on #Stablecoin and #Crypto. Rarely have I enjoyed participating in a hearing as much as this morning. pic.twitter.com/jp4BszUpLv

2023-04-19T17:17:31.000Z · via Twitter

Brad Sherman

@BradSherman

And he supports the popularization of #cryptocurrency, whose primary backers boast that it will partially displace the US dollar in international affairs. 2/3

2023-04-06T19:55:58.000Z · via Twitter

Brad Sherman

@BradSherman

Apparently the most famous expert in #crypto believed it was the best methodology to pay bribes. reuters.com/legal/ftxs-ban…

2023-03-28T15:21:16.000Z · via Twitter

Brad Sherman

@BradSherman

I joined @BloombergTV to discuss the latest developments on the #DebtCeiling negotiations, the war in #Ukraine and #Crypto. Watch the full interview

https://t.co/UFp4SIKm9A

2023-01-23T18:35:45.000Z · via Twitter

Brad Sherman

@BradSherman

Today on the House Floor, I spoke out against the outrageous #Republican plan to protect ultra-wealthy tax cheats by defunding the #IRS, and their support for #cryptocurrency, a tool for tax cheaters. Watch my full speech

https://t.co/uBEDDko0l9

2023-01-11T20:37:48.000Z · via Twitter

Brad Sherman

@BradSherman

I’m not sure an ankle bracelet can hold #SBF. He can get $250 million to post bail, and still have enough crypto to pay criminals to help him escape to a country which won't extradite. (1/2) cnbc.com/2022/12/22/ftx…

2022-12-22T21:20:20.000Z · via Twitter

Brad Sherman

@BradSherman

RT @podcasts: "All the money and power is in the hands of crypto billionaire bros,” says House Financial Services Committee member Brad She…

2022-12-15T01:06:40.000Z · via Twitter

Brad Sherman

@BradSherman

RT @MeetThePress: WATCH: “Is there no positive thing that comes from Bitcoin?” @chucktodd asked Rep. Brad Sherman (D-Cali.) @BradSherman:…

2022-12-14T22:46:56.000Z · via Twitter

Brad Sherman

@BradSherman

RT @NewsNation: Sam Bankman-Fried's run as crypto king is continuing to crash as he now faces multiple charges. @LelandVittert speaks with…

2022-12-14T00:35:55.000Z · via Twitter

Brad Sherman

@BradSherman

RT @davebriggstv: Rep. @BradSherman dropped a

saying at a Congressional hearing: “The fact is crypto is a garden of

s." He then joined u…

2022-12-14T00:35:10.000Z · via Twitter

Brad Sherman

@BradSherman

At today's @FSCDems hearing on the #FTX collapse, I detailed the fundamental problems with crypto and why Congress must resist the crypto industry's lobbying efforts. "You can't trash Sam Bankman-Fried and then pass his bill." #SBF_FTX pic.twitter.com/7EdVViOUe5

2022-12-13T21:17:19.000Z · via Twitter

Brad Sherman

@BradSherman

Crypto firms prefer the CFTC, and Mr. Bankman-Fried #SBF became a champion of this push. (1/2) #FTX wsj.com/articles/ftxs-…

2022-11-28T06:52:03.000Z · via Twitter

Brad Sherman

@BradSherman

I joined @CNBCTheExchange on @CNBC to discuss the #FTX collapse and on what Congress can do to protect investors. Also discussed how #Crypto could assist those evading taxes, bankruptcy courts and U.S. sanctions. Watch the interview

https://t.co/BlwijbwFBJ

2022-11-15T20:55:49.000Z · via Twitter

Brad Sherman

@BradSherman

The collapse of #FTX, one of the largest cryptocurrency firms in the world, is a dramatic demonstration of both the inherent risks of digital assets and the critical weaknesses in the industry that has grown up around them. Read my full statement

https://t.co/rcALYHoM2U

2022-11-13T17:30:14.000Z · via Twitter

Brad Sherman

@BradSherman

.@FoxBusiness has it somewhat wrong. I often speak to SEC Chair Gary Gensler, sometimes about Crypto, but never regarding XRP. Only conversation I've had with an SEC official regarding XRP is testimony of Director Gurbir Grewal (1/2) twitter.com/CGasparino/sta…

2022-07-20T22:34:49.000Z · via Twitter

Brad Sherman

@BradSherman

Others chose to invest in crypto, whose proponents boast that it will disempower America, making it impossible to enforce sanctions and tax laws and reducing the dollar’s role as the reserve currency. (2/2)

2022-06-19T20:18:35.000Z · via Twitter

Brad Sherman

@BradSherman

Some say it’s crypto winter. Perhaps it’s #CryptoIceAge. Those who invest in American companies, build America. (1/2)

2022-06-19T20:18:34.000Z · via Twitter

Brad Sherman

@BradSherman

Today I spoke with Treasury Secretary @SecYellen on the importance of the U.S. government doing more to identify and prevent #Russia and its oligarchs from evading sanctions through the private securities market and cryptocurrency. See the exchange below: youtube.com/watch?v=qxj66m…

2022-04-06T18:35:59.000Z · via Twitter

Brad Sherman

@BradSherman

This legislation represents a significant step towards answering the Ukrainian government’s repeated calls for cryptocurrency exchanges to stop providing services for Russia-based cryptocurrency wallets. (2/2)

2022-04-06T17:26:26.000Z · via Twitter

Brad Sherman

@BradSherman

Today I introduced the Russian Digital Asset Sanctions Compliance Act of 2022, the House companion to legislation recently introduced by @SenWarren. (1/2) sherman.house.gov/media-center/p…

2022-04-06T17:26:26.000Z · via Twitter

Neutral on Crypto

Brad Sherman

@BradSherman

I may not agree with everyone in the crypto community, or the emerging mongoose community, on each aspect of financial services regulation. But all of us are united in our concern for the people of Kentucky. (1/2) twitter.com/mongoosecoinet…

2021-12-16T21:55:15.000Z · via Twitter

Brad Sherman

@BradSherman

Today, during an @FSCDems hearing, I highlighted the threats posed to Americans and the U.S. Financial system by #cryptocurrencies. youtube.com/watch?v=bn4uIE…

2021-06-30T19:21:32.000Z · via Twitter

Quoted from twitter.com on May 9th, 2019

I look for colleagues to join with me in introducing a bill to outlaw cryptocurrency purchases by Americans, so that we nip this in the bud.