Mike Carey
@RepMikeCarey
We cannot allow CCP-style surveillance tools to spy on the financial transactions of law-abiding Americans.
A U.S. CBDC is a non-starter.
2024-05-23T13:27:53.000Z · via Twitter
Does Mike Carey Support Crypto?
Based on previous comments, Mike Carey has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Mike Carey has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Voted for a bill on May 22nd, 2024
Bill Name
FIT21
Details
Financial Innovation and Technology for the 21st Century Act
Mike Carey
@RepMikeCarey
This week, the House will vote to prevent CCP-style financial surveillance from happening here in the United States.
We must stand together to pass @GOPMajorityWhip's CBDC Anti-Surveillance State Act.
2024-05-20T15:26:00.000Z · via Twitter
Voted for a bill on May 8th, 2024
Bill Name
SAB 121 House Joint Resolution
Details
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.
Mike Carey
@RepMikeCarey
CCP-style financial surveillance is un-American, full stop.
Proud to announce my co-sponsorship of @GOPMajorityWhip’s CBCD Anti-Surveillance State Act, which will prevent the Fed from issuing a CBDC directly to individuals.
2024-04-29T18:59:46.000Z · via Twitter
Cosponsored a bill on Apr 29th, 2024
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.
Quoted from www.youtube.com on Feb 20th, 2024
Representative questioned IRS Commissioner Danny Werfel about new rules regarding cryptocurrency and supported adjusting the proposed IRS cryptocurrency rules, which would require handling 8 billion returns. During questioning, he raised concerns about the IRS's readiness to process crypto tax statements and emphasized the necessity of revising the regulations to accommodate this substantial increase in workload.