Based on previous comments, Jeff Merkley has indicated they are very anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Jeff Merkley has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Passing the GENIUS Act as-is would put a Congressional rubber stamp on Trump's blatant crypto corruption.
We need to vote on my amendment to ban elected officials from selling influence and enriching themselves with crypto schemes!!
The Trump family & Big Tech are eager to enrich themselves & consolidate financial power through crypto ventures & stablecoins. My colleagues & I have sensible amendments to the GENIUS Act to avert these risks. Senate Rs should let us vote on these fixes, not jam the bill through
Republicans want to ram through the fatally flawed GENIUS Act without amendments—and put a stamp of approval on Trump’s blatant crypto corruption. The majority party should honor the promise they made when bill was moved to floor to have an open amdmt process so that we can debate and vote on important amdmts. The American people deserve no less.
I was outside Trump’s Crypto Corruption Club to send a clear message: elected officials can’t be allowed to engage in crypto schemes!
We need to pass my End Crypto Corruption Act!
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.
Access to the White House shouldn’t be up for sale to the highest bidder!!
This kind of blatant corruption takes a sledgehammer to public trust—we need to add my End Crypto Corruption Act to the GENIUS Act NOW!
wired.com/story/trumps-q…
Trump shouldn’t be allowed to engage in a crypto scheme to sell influence and enrich himself—that’s corruption on full display.
We need to add the End Crypto Corruption Act to the GENUIS Act to stop this behavior from Trump and other elected officials! merkley.senate.gov/merkley-and-sc…
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".
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 energy it takes to mine crypto rivals the energy usage of entire countries. I joined Senate colleagues in calling on @EPA and @ENERGY to investigate the environmental impacts of cryptomining and require cryptominers to report emissions and energy use.
nytimes.com/2022/07/15/cli…
Bitcoin mining's energy use has more than tripled since 2019, consuming as much energy as entire countries. It's even driving up electricity costs and harming local environments.
I want six cryptomining companies to provide answers on their impact.
bloomberg.com/news/articles/…
