Based on previous comments, Lisa Blunt Rochester has indicated they are somewhat anti-cryptocurrency. Below you can view the tweets, quotes, and other commentary Lisa Blunt Rochester has made about crypto.
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.
This bill directs the Consumer Product Safety Commission to establish an AI pilot program. More relevant to crypto, it mandates a study by the Secretary of Commerce on blockchain technology's potential for consumer protection, including fraud prevention and potential regulatory modifications. Additionally, it requires the Federal Trade Commission to report on unfair or deceptive practices related to tokens, defined broadly as transferable digital representations on distributed ledger technology, while acknowledging their innovative nature.
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
2025-06-17
Very Anti-Crypto
Voted against - Final Passage Out Of Senate
2025-06-12
Very Anti-Crypto
Voted against - Because of the way Senate rules work, GENIUS could not have gotten to a final vote without members voting in favor.
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.
This bill directs the Secretary of Commerce to serve as a primary advisor to the President on policies related to the deployment, use, application, and competitiveness of blockchain technology, tokens, and tokenization. It mandates the establishment of a National Blockchain Deployment Advisory Committee, comprising government and private sector experts, to study and make recommendations. The bill also requires the Secretary to facilitate the development of best practices and foster open-source infrastructure for these technologies, without imposing mandatory compliance on private entities.
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".
This bill establishes new responsibilities for the Assistant Secretary of Commerce for Industry and Analysis to improve the resilience of critical supply chains. It mandates the creation of a working group to identify vulnerabilities, promote domestic manufacturing, and leverage emerging technologies for this purpose. Specifically, the bill identifies "blockchain and other distributed ledger, data storage, data management, and cybersecurity technologies" as critical emerging technologies, and methods for authentication and traceability of critical goods.
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.