Does Pete Ricketts Support Crypto?

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

X profile picture of @SenatorRicketts
Senator Pete Ricketts
@SenatorRicketts
The GENIUS Act is revolutionary for stablecoins. It protects consumers while promoting innovation and opportunity. It prioritizes national security and advances the U.S. dollar. Nebraska’s a major innovator in the stablecoin space and my amendment will give priority to states like ours when becoming certified. I am very happy that President Trump has signed this legislation into law. I look forward to working with Chairman @SenatorTimScott, @SenLummis and @SenatorHagerty on a digital asset market structure bill next.
X profile picture of @SenatorHagerty
Senator Bill Hagerty
@SenatorHagerty
.@POTUS just signed my bill—the GENIUS Act—into law. Proud to be there for this historic moment. This is the first crypto legislation ever signed into law in the United States. A major win for American innovation, leadership, and the future. 🇺🇸g
DTSI Bot
@DTSIBot
submitted some AI-generated analysis

Senator Ricketts shows strong support for stablecoins and the broader crypto industry with this tweet celebrating the GENIUS Act becoming law. This is fantastic for crypto. The GENIUS Act establishes a clear regulatory framework for stablecoins, which is essential for mainstream adoption. It defines who can issue stablecoins, requires 1:1 reserves, and clarifies regulatory oversight. This provides much-needed certainty for businesses and consumers alike. Ricketts' emphasis on Nebraska's innovation in the stablecoin space highlights the potential for states to lead in this emerging sector. His commitment to working on further digital asset legislation with key senators like Lummis, Hagerty, and Tim Scott signals continued progress towards a comprehensive and positive regulatory environment for crypto in the US.
Took stances on a bill between May 20th, 2025 and Jun 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.

Timeline
May 20th, 2025
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.
Jun 12th, 2025
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.
Jun 17th, 2025
Very Pro-Crypto
Voted for - Final Passage Out Of Senate
Add your own analysis on this bill
X profile picture of @SenatorRicketts
Senator Pete Ricketts
@SenatorRicketts
The GENIUS Act protects consumers while promoting innovation and opportunity. It prioritizes national security and advances the U.S. dollar. Nebraska’s a major innovator in the stablecoin space and my amendment will give priority to states like ours when becoming certified.
X profile picture of @SenateCloakroom
Senate Cloakroom
@SenateCloakroom
Passed, 68-30: Passage of Cal. #66, S.1582, GENIUS Act, as amended.
Add your own analysis on this stance
X profile picture of @SenatorRicketts
Senator Pete Ricketts
@SenatorRicketts
Today, Democrats torpedoed a bill that would make America the global leader on stablecoin. This was a bipartisan bill. It received five Democrat votes in committee. This is Democrat hypocrisy putting politics over the country.
Add your own analysis on this stance
Voted for a bill on Mar 4th, 2025
Bill Name
S.J. Res 3

Details
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".

Vote Type
Final Passage Out Of Senate
Add your own analysis on this stance
Voted for a bill on May 16th, 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.

Vote Type
Final Passage Out Of Senate
Add your own analysis on this stance
X profile picture of @SenatorRicketts
Senator Pete Ricketts
@SenatorRicketts
Grateful to have Nebraskan Courtney Dentlinger from @NPPDnews as my witness to testify about the important role Nebraska’s lower energy costs play in attracting industries like crypto-asset mining that bring new jobs and economic growth to our state.
X profile picture of @EPWGOP
EPW Republicans
@EPWGOP
The Subcommittee on Clean Air, Climate, and Nuclear Safety, led by @SenatorRicketts, holds a hearing on the Air, Climate, and Environmental Impacts of Crypto-Asset Mining: x.com/i/broadcasts/1…
Add your own analysis on this stance