Rep. Marjorie Taylor Greene🇺🇸
@RepMTG
This week Congress passed crypto legislation.
The American people hardly have any idea what it is, what it means, and what passed.
1. GENUIS ACT - I voted NO. It passed the Senate and the House and will be signed into law today.
This bill regulates stablecoins and provides for the backdoor Centralized Bank Digital Currency. The Federal Reserve has been planning a CBDC for years and this will open the door to move you to a cashless society and into digital currency that can be weaponized against you by an authoritarian government controlling your ability to buy and sell. Do you actually trust your government to never do that to you? I don’t.
2. Anti-CBDC Surveillance State Act - I voted YES. This bill passed the House but we were told all week that it will not pass the Senate because the Senate does not have any path at all to get 60 votes to ban a CBDC. This bill prohibits Federal Reserve Banks from issuing a Central Bank Digital Currency. It’s a good bill and protects your money, but will die in the Senate. However, this should be people’s highest demand.
3. Clarity Act - I voted YES for self custody protections. This bill passed the House and will likely get some changes in the Senate then have come back to the House for another vote before it can be signed by the President and become law. This bill establishes a detailed regulatory framework for digital assets and allocates authority between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). The most important thing that needs to remain is protecting people’s self custody of their digital currency. This is yet to be seen and should be demanded. I will vote NO when it comes back if self custody protections are taken out.
In 1971, we were taken off the gold standard to cash, which was a ridiculous decision and has weakened our dollar tremendously.
Now we are on the path to move from cash you can hold in your hand, hide from the government, and save for yourself and your family to a digital currency system where your ability to buy and sell will ultimately be held in digital accounts that you can not tangibly hold yet are at the will of those who control the banks and the government.
2025-07-18T13:10:04.000Z
