Based on previous comments, Jeff Duncan has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Jeff Duncan has made about crypto.
Took stances on a bill between 2023-09-12T00:00:00.000Z and 2024-05-23T00:00:00.000Z
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.
This bill establishes a comprehensive regulatory framework for digital assets, assigning primary jurisdiction over "digital commodities" to the CFTC and "restricted digital assets" to the SEC. It defines key terms like "digital asset," "digital commodity," and "permitted payment stablecoin," and creates a mechanism for digital assets to transition from securities to commodities upon achieving sufficient decentralization. The legislation also outlines registration requirements for various digital asset intermediaries and mandates studies on decentralized finance and non-fungible digital assets.
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.
This bill, known as the "CBDC Anti-Surveillance State Act," aims to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. It prohibits Federal Reserve banks from offering products or services, or maintaining accounts, directly for individuals. Additionally, it restricts the Federal Reserve Board and the Federal Open Market Committee from using any CBDC for monetary policy purposes and mandates quarterly reports to Congress on any CBDC studies or pilot programs.