Does Pete Ricketts Support Crypto?

Voted for a bill on 2026-05-14

Bill Name

CLARITY Act

Details

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.

Vote Type

Final Passage Out Of Senate

Senator Pete Ricketts

@SenatorRicketts

Getting the policy right is more important than getting it done fast. But the goal remains the same: making sure the digital asset market is both innovative and predictable.

Tim Scott

@SenatorTimScott

I’ve spoken with leaders across the crypto industry, the financial sector, and my Democratic and Republican colleagues, and everyone remains at the table working in good faith. As we take a brief pause before moving to a markup, this market structure bill reflects months of serious bipartisan negotiations and real input from innovators, investors, and law enforcement. The goal is to deliver clear rules of the road that protect consumers, strengthen our national security, and ensure the future of finance is built in the United States.

2026-01-15T02:42:15.000Z

2026-01-15T19:28:34.000Z

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.

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.

2025-07-18T19:52:14.000Z

2025-07-21T15:58:33.000Z

Commentary on Stance

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@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 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

2025-05-20

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.

2025-06-12

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.

2025-06-17

Very Pro-Crypto

Voted for - Final Passage Out Of Senate

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.

Senate Cloakroom

@SenateCloakroom

Passed, 68-30: Passage of Cal. #66, S.1582, GENIUS Act, as amended.

2025-06-17T21:46:49.000Z

2025-06-17T21:49:42.000Z

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.

2025-05-08T18:35:33.000Z

Voted for a bill on 2025-03-04

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

Neutral on Crypto

Cosponsored a bill on 2025-01-08

Bill Name

VALOR Act of 2025

Details

VALOR Act of 2025

Voted for a bill on 2024-05-16

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

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.

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…

2023-03-07T19:36:21.000Z

2023-03-07T20:11:21.000Z