Does Jake Auchincloss Support Crypto?

Based on previous comments, Jake Auchincloss has indicated they are somewhat pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Jake Auchincloss has made about Bitcoin, Ethereum, and cryptocurrency innovation.

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Very Pro-Crypto

Voted for a bill on Jul 17th, 2025
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
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Very Anti-Crypto

Voted against a bill on Jul 17th, 2025
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
Final Passage Out Of House
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Very Pro-Crypto

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Rep. Jake Auchincloss 🟧
@RepAuchincloss
If the majority whip had gone with my bipartisan Power of the Mint Act, introduced last term with French Hill, instead of his partisan anti-CBDC bill, then it would not be a poison pill to combine CLARITY with CBDC legislation. I've reintroduced Power of the Mint today— it makes Reserve cannot issue a CBDC without congressional authorization, but still permits the Fed to research the issue. The majority whip has another chance to pursue sound policy instead of reflexive partisanship.
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Chad Pergram
@ChadPergram
The Hitchhiker’s Guide To What’s Stalling the House on the Crypto Bills for the Second Day in a Row Here’s what’s behind the holdup in the House as Republicans try – again – to pass a trio of crypto currency bills. The House deemed this “crypto week” – with the aim for President Trump to sign the GENIUS Act (which creates a framework for stablecoins – tied to other currencies) later this week. But here’s the problem: Time. The Senate And the House being a victim of its own success. First off, the GENIUS Act took four weeks to maneuver in the Senate. The House is trying to do this in a matter of days. Second of all, the House ultimately had to eat the Senate’s version of the Big, Beautiful Bill last month. And, later this week, the House must swallow the Senate’s version of the spending cancellation bill for public broadcasting and USAID. So, the Freedom Caucus and other House conservatives are upset at the House always having to accept the Senate’s legislation. So those lawmakers decided to assert themselves. That tanked the procedural vote yesterday to give clearance to the defense bill and the triumvirate of crypto bills. So, President Trump and yesterday’s holdouts met at the White House to work out a new deal – with House Speaker Mike Johnson (R-LA) on the phone. But the people NOT in the room were the people working on the Clarity Act - which establishes guardrails and “lanes” for regulation of crypto in the U.S. So one proposal has been to attach the bill to bar the federal government from creating a cryptocurrency to the Clarity Act. But one source familiar with the discussions characterized that possibility as “toxic.” Meantime, members of the House Financial Services and Agriculture Committees want this linked to the defense spending measure – which is caught up in this mess about the “rule” getting tanked. But Fox is told they can’t attach the Clarity Act to a “must pass” The defense bill qualifies as something which lawmakers absolutely must pass. So a source close to the talks tells Fox that after trying to work this around the various committee chairs, the deal which may have been struck last night with the Freedom Caucus may have collapsed again. That said, there is some criticism of House Majority Whip Tom Emmer (R-MN). Emmer is one of the primary backers of crypto in the House. And they’ve failed to round up the votes just to get onto the crypto bills. Meantime, Johnson is in what was described as “a pickle” and is getting an earful for not having this worked out. That said, Fox is told if they can resolve this, the House could still try to move the GENIUS Act quickly – so President Trump could sign the legislation into law on Friday.
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Very Pro-Crypto

Voted for a bill on Mar 11th, 2025
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
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Neutral on Crypto

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Rep. Jake Auchincloss 🟧
@RepAuchincloss
Trump is transactional. He’s trying to sell out Ukraine. So, the question is—who’s buying Trump? The Kremlin, by buying the Trump crypto coin. And if the president wants to prove me wrong, then release the records like I asked.
tweet image
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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.
Vote Type
Final Passage Out Of House
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Very Pro-Crypto

Voted for 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.
Vote Type
Final Passage Out Of House
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Very Pro-Crypto

Jake Auchincloss reposted the post below
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PPI
@ppi
ICYMI‼ Yesterday, @RepAuchincloss joined PPI and an esteemed panel of business leaders for a dynamic conversation about cryptocurrency and the potential steps the federal government can take to regulate the fast-growing technology. WATCH ⬇ https://t.co/QRVJDFPmk1
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Very Pro-Crypto

Jake Auchincloss reposted the post below
X profile picture of @ppi
PPI
@ppi
As the federal government continues to debate how to regulate cryptocurrency, PPI is bringing together business leaders for a roundtable discussion about the potential options and the drawbacks of several approaches. Register so you don't miss out ⬇ https://t.co/bVQn3Q1229
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Somewhat Pro-Crypto

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Rep. Jake Auchincloss 🟧
@RepAuchincloss
3. Geo-economic. The USD must persist as the global reserve currency. That may not require a CBDC. Thoughtful research & regulation of fintech, sound monetary policy, rule of law, strong capital markets, a growing economy – these are the critical drivers of USD reserve status.
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Very Pro-Crypto

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Rep. Jake Auchincloss 🟧
@RepAuchincloss
2. Systemic risk. The FSOC should continue to monitor and report on systemic risk from stablecoins, given how fast the industry is growing, but right now it’s modest and does not justify red tape that could lead to regulatory capture of crypto by banks.
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Somewhat Pro-Crypto

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Rep. Jake Auchincloss 🟧
@RepAuchincloss
The @FSCDems hearing yesterday on stablecoins crystallized three domains of risk that lawmakers must address: 1. Prudential risk 2. Systemic risk 3. Geo-economic 🧵 below ⬇️ https://t.co/h3mTYwHbN8
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Yahoo Finance
@YahooFinance
"We have to be thinking about stablecoins in particular with 3 domains,” @RepAuchincloss says. “The first domain is prudential risk, really in particular, run risk, reserve volatility risk, payment system risk.” More:
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Very Pro-Crypto

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Rep. Jake Auchincloss 🟧
@RepAuchincloss
This primary crypto regulator should be tech & market-structure neutral, and eventually fulfill 3 mandates: 1. Compel disclosure and transparency 2. Prevent fraud & abuse 3. Promote the efficiency and resilience of the market
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Somewhat Pro-Crypto

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Rep. Jake Auchincloss 🟧
@RepAuchincloss
As we build back better, we must ensure appropriate taxation and regulation of the #cryptocurrency industry.
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Rep. Darren Soto
@RepDarrenSoto
We stand united to ensure more tax certainty for #cryptocurrency and work with the IRS on key reforms. Together, we will continue to support innovation and protect consumers.
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