J
@Jim_Banks
Great to join @SenatorTimScott, @patrickjwitt, and @faryarshirzad at @club4growth talking about the importance of America’s leadership role in crypto.
We need to get President Trump’s crypto agenda passed!
2026-03-06T18:40:44.000Z
Does Jim Banks Support Crypto?
Based on previous comments, Jim Banks has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Jim Banks has made about crypto.
Took stances on a bill between 2025-05-20T00:00:00.000Z and 2025-06-17T00:00:00.000Z
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.
Timeline
2025-05-20
Very Pro-Crypto
Voted for - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
2025-06-12
Very Pro-Crypto
Voted for - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
2025-06-17
Very Pro-Crypto
Voted for - Final Passage Out Of Senate
Took stances on a bill between 2025-02-03T00:00:00.000Z and 2025-03-04T00:00:00.000Z
Bill Name
S.J. Res 3
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".
Timeline
2025-02-03
Very Pro-Crypto
Cosponsored
2025-03-04
Very Pro-Crypto
Voted for - Final Passage Out Of Senate
J
@Jim_Banks
2024-06-11T13:21:10.000Z
Took stances on a bill between 2024-02-28T00:00:00.000Z 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.
Timeline
2024-02-28
Somewhat Pro-Crypto
Cosponsored
2024-05-23
Somewhat Pro-Crypto
Voted for - Final Passage Out Of House
Took stances on a bill between 2024-02-06T00:00:00.000Z and 2024-05-22T00:00:00.000Z
Bill Name
FIT21
Details
Financial Innovation and Technology for the 21st Century Act
Timeline
2024-02-06
Very Pro-Crypto
Cosponsored
2024-05-22
Very Pro-Crypto
Voted for - Final Passage Out Of House