Does Jimmy Patronis Support Crypto?

Voted for 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

Jimmy Patronis

@JimmyPatronis

The staff at the IRS who created this rule should be deployed to the Southern Border… #CRYPTO

Ted Cruz

@tedcruz

US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation. news.bitcoin.com/us-lawmakers-u…

2025-02-01T15:00:02.000Z

2025-02-01T15:23:37.000Z

Jimmy Patronis

@JimmyPatronis

So many opportunities in Congress to fix this country. Excited about policies to rein in Big Brother and empower the American people through supporting innovations like cryptocurrencies and blockchain technologies. Let’s unleash American innovation, instead of hampering it.

2025-01-17T20:41:19.000Z

Jimmy Patronis

@JimmyPatronis

My TEN Resolutions for the 119th Congress: 1.)End backroom dealing. The people put you there, act like it! 2.) Wall, wall, and more wall. Without a border, you’re not a country. 3.) Trump’s in Charge! The American people have signed on to his vision of putting our country first! 4.)Fix veteran services! No excuses! They should get platinum level help for their service to our country. 5.) Cut govt waste. Shutdown the U.S. Department of Education. Bring everyone back to the office in Washington. If they don’t come back, fire them, and get rid of the position. Also, stop abuses by renegade IRS agents. 6.) Extend the Trump Tax Cuts. 7.) Support cryptocurrencies and blockchain tech. Democratize transactions. Get govt out of it. 8.) Rebuild the military. Too much bloat. Too much outsourcing. Too many academics. Too many lawyers. Generals too far removed from the boots on the ground. 9.) De-woke EVERYTHING. The American people are tired of it! End debanking / ESG. Anti-American and a burden on the American economy. 10.) Men in women sports? NOPE!

2024-12-29T14:27:52.000Z

Jimmy Patronis

@JimmyPatronis

Excellent choices by @realdonaldtrump! As CFO, I issued a letter to the Florida’s SBA requesting a report on Florida leaning forward on cryptocurrency as an additional investment asset

hbit.ly/4f2BWXE Make America Wealthy Again! https://t.co/WLBiWFBeH6

Trump Posts on 𝕏

@trump_repost

I am pleased to announce the brilliant Team that will be working in conjunction with our White House A.I. & Crypto Czar, David O. Sacks. Together, we will unleash scientific breakthroughs, ensure America's technological dominance, and usher in a Golden Age of American Innovation! Mic be the new Director of the White House Office of Science and Technology Policy (OSTP), and an Assistant to the President for Science and Technology. In my First Term, Michael was unanimously confirmed by the U.S. Senate as Chief Technology Officer of the United States at the White House. He also served as the Under Secretary of Defense for Research & Engineering at the Pentagon, and received the DoD's Distinguished Public Service Medal. He graduated from Princeton, and is a Distinguished Fellow at Stanford. Dr. Lynne Parker will serve as Executive Director of the Presidential Council of Advisors for Science and Technology (PCAST), and Counselor to the Director of the Office of Science and Technology Policy. PCAST will assemble America's most distinguished minds in science and technology to advise our Administration on critical issues like Artificial Intelligence. As previously announced, David Sacks will be chairing PCAST. Dr. Parker previously served as Deputy U.S. CTO, and Founding Director of the National Artificial Intelligence Initiative Office. She received her PhD in Computer Science from MIT. Additionally, Bo Hines will be the Executive Director of the Presidential Council of Advisers for Digital Assets (the "Crypto Council"), a new advisory group composed of luminaries from the Crypto industry, and chaired by our Crypto Czar, David Sacks. Bo is a graduate of Yale University, and Wake Forest University Law School. In his new role, Bo will work with David to foster innovation and growth in the digital assets space, while ensuring industry leaders have the resources they need to succeed. Together, they will create an environment where this industry can flourish, and remain a cornerstone of our Nation's technological advancement. Sriram Krishnan will serve as Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy. Working closely with David Sacks, Sriram will focus on ensuring continued American leadership in A.I., and help shape and coordinate A.I. policy across Government, including working with the President's Council of Advisors on Science and Technology. Sriram started his career at Microsoft as a founding member of Windows Azure. Congratulations to all!

2024-12-22T21:46:28.000Z

2024-12-23T10:46:40.000Z

Jimmy Patronis

@JimmyPatronis

Thanks for having me, @JoeSquawk. I have no doubt that Miami will one day be the Crypto Capital of the country. Also, the great folks in New Jersey who pay 11% state income tax are always more than welcome to move to Florida and pay ZERO.

Squawk Box

@SquawkCNBC

"Crypto's not going anywhere" says Florida CFO @JimmyPatronis on his push to invest Florida state pension funds into crypto. "We'd be a fool if we're not prepared to do everything we can to harness the opportunities there."

2024-10-31T14:15:15.000Z

2024-10-31T14:50:01.000Z

Jimmy Patronis

@JimmyPatronis

Joining @SquawkCNBC and @JoeSquawk this morning to talk #crypto in Florida. TUNE IN NOW! #BTC

2024-10-31T11:25:54.000Z