Based on previous comments, Andy Barr has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Andy Barr has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Thank you President Trump! It was an honor to help get the Genius Act to your desk that will make America the place where crypto and digital assets flourish. Another big win for America l
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.
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.
It’s critical that we send the GENIUS Act to the President’s desk. I proudly support this legislation because it pegs stablecoins to the U.S. dollar—cementing the dollar’s dominance in the digital age. In plain terms: stablecoins will finally be stable.
By setting the rules of the road, we ensure no future SEC Chair could do what Gary Gensler did and sabotage the growth of crypto through the weaponization of govt regulation.
I’ve been working with @FinancialCmte to move The Clarity Act and stablecoin legislation that will set America up to be the home of cryptocurrency for the world. pymnts.com/news/regulatio…
This week, Democrats hijacked our @FinancialCmte hearing on making the USA the crypto capital of the world to take cheap shots at President @realDonaldTrump. The President’s assets are in a blind trust and are a non-issue. I’m leading and working with the Trump Administration to make the United States the global leader in digital assets, blockchain and DeFi.
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".
Agreed! That is why we should pass my Fair Access to Banking Act which would ensure legal crypto companies have access to banking services.
French Hill
@RepFrenchHill
Under Operation Choke Point 2.0, @FDICgov politically targeted American business and pressured banks to sever ties with entire industries like crypto.
Next Congress @FinancialCmte stands ready to work with @realDonaldTrump to halt and reverse these practices, and finally conduct a full investigation.
The SEC’s moving target on crypto regulation leaves crypto companies and market participants exposed to abuse by the agency, and impedes innovation in the United States. Watch my full line of questioning . https://t.co/Ghbs9G3fvh
#WATCH: Subcommittee Chairman @RepAndyBarr calls out the @SECGov's regulation by enforcement of digital assets:
"Chair Gensler, you say Howey is clear, but let me tell you what's not clear... what the rules of the road are if you're in the crypto business."
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.
The Security and Exchange Commission’s Staff Accounting Bulletin (SAB) 121 would leave consumers at risk by discouraging regulated banks from serving digital asset customers. My full remarks in opposition . https://t.co/ymXqNxHxgD
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.
In today’s Morning Money:
— Banks gear up to fight Fed capital hikes
— @RepAndyBarr on the crypto crackdown in banking
— @vtg2 reports on a new campaign to promote progressive economic experts politico.com/newsletters/mo…
#NEW: @PatrickMcHenry, @RepFrenchHill, and members of Committee Republicans' Digital Asset Working Group are demanding Attorney General Garland provide his assessment on the @federalreserve's authority to issue a #CBDC.
Read the letter …publicans-financialservices.house.gov/news/documents…
Instead of giving the govt more power & control over our financial info, we need to encourage pvt sector innovation in the digital assets space which is propelling us into an era of frictionless transactions, faster payments & more efficient capital formation in the pvt sector.
In his exchange with Liang, @RepAndyBarr emphasized how #stablecoins, if issued under a clear regulatory framework, have the potential to:
Maintain the U.S. $ as the global reserve currency
Solve the same issues as a potential CBDC
Enhance U.S. competitiveness https://t.co/62E1LZNc96
China’s draconian restrictions on crypto exposes the weaknesses of their flawed economic system. This is an opening for the U.S. to unleash the American entrepreneurial spirit to capitalize on the CCP’s mistake. More on crytpo & my new China sanctions bill from @PhelimKine https://t.co/Ov6ku7oDsa
Phelim Kine “老 康“
@PhelimKine
Unleash the #Crypto! U.S. lawmakers see electronic gold in turning China's cryptocurrency ban into an un-or-less-regulated U.S. financial bonanza. Thanks @SenLummis@RepAndyBarr@SenToomey@RepThompson@CongressmanGT@PatrickMcHenry@RonWydenpoliti.co/3ommaza
Countries are moving on central bank digital currencies (CBDC) & @FinancialCmte looked at potential costs & benefits today.
China is ahead on its CBDC & we cant let them out-compete the U.S. on this. We also can’t move too fast & get it wrong. My opening statement https://t.co/WKQ0rKqdCx
Financial Services GOP
@FinancialCmte
Subcommittee Republican Leader @RepAndyBarr at today's hearing on #CBDCs:
"We must realize that getting it right is more important than getting it done fast."
Watch
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. https://t.co/Ghbs9G3fvh
Today, with 49 of my Republican colleagues, I reintroduced the CBDC Anti-Surveillance State Act
Maintain the U.S. $ as the global reserve currency
