Does Mike Flood Support Crypto?

Based on previous comments, Mike Flood has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Mike Flood has made about Bitcoin, Ethereum, and cryptocurrency innovation.

Profile picture of Mike Flood
Mike Flood
@USRepMikeFlood
It set a disturbing precedent and is not the appropriate vehicle to promulgate accounting guidance for digital asset custodians. I appreciate the broad support of my colleagues in the House for H.J. Res. 109 and urge the Senate to take action to deliver a full repeal of SAB 121.
· via Twitter
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Sponsored a bill on Feb 1st, 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.
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Cosponsored a bill on Sep 12th, 2023
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.
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Mike Flood
@USRepMikeFlood
This panel features a variety of broker dealers and exchanges who engage on the retail side of digital asset investing. I encourage anyone who is interested in joining the conversation to reserve their spot and register for Flyover Fintech.
· via Twitter
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Profile picture of Mike Flood
Mike Flood
@USRepMikeFlood
The CBDC Anti-Surveillance State Act is a key step towards ensuring that Americans maintain their financial freedom by prohibiting a centrally controlled digital currency as our economy continues to innovate in the area of digital assets.
· via Twitter
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Profile picture of Mike Flood
Mike Flood
@USRepMikeFlood
From establishing a commonsense digital asset regulation to ensuring we protect the financial freedom of all Americans, I’m looking forward to contributing to the important policymaking and oversight these subcommittees will lead on in the coming months.
· via Twitter
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