Based on previous comments, Ralph Norman Jr. has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Ralph Norman Jr. has made about crypto.
The House already passed legislation to permanently ban a CBDC.
The Senate must amend the 21st Century ROAD to Housing Act with STRONGER language before sending any bill to the House.
A permanent prohibition is the ONLY way to protect Americans’ privacy and liberty.
A CBDC is essentially a digital dollar issued and controlled by the Federal Reserve.
Unlike cash, it could allow the government to track transactions and monitor how Americans spend their money.
That’s overreach at its core!!
I’m proud to sign onto a letter urging House and Senate leadership to permanently ban a Central Bank Digital Currency (CBDC).
Americans deserve financial freedom, not government-controlled money.
THREAD:
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.
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.
Chinese companies must hand over data to the CCP, posing a serious threat to U.S. privacy and national security.
Proud that my provision was included in the CLARITY Act to shine a light on how our adversaries exploit digital assets to spy and steal.
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".
Took stances on a bill between 2023-09-12T00:00:00.000Z and 2024-05-23T00:00:00.000Z
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.
In case anyone thinks this Amendment is unnecessary, check out the CCP infiltration our digital assets market through a company known as Prometheum.
wsj.com/articles/crypt…
My amendment just unanimously passed the House!
It requires the CFTC & SEC to issue a report regarding how our nation’s foreign adversaries may be exploiting the digital assets marketplace to invade the privacy of Americans.
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.
My bill, the CBDC Anti-Surveillance State Act, garnered significant momentum this week:
- 120 cosponsors
- Broad coalition support
- Reintroduction of @SenTedCruz's Senate companion
Here's what stakeholders are saying about this important legislation:
A Central Bank Digital Currency would create major privacy concerns for Americans, so I'm proud to co-sponsor HR 5403, the #CBDC Anti-Surveillance State Act.
We have enough problems with abusive government surveillance without allowing Federal Reserve to monitor and scrutinize individual account holders and their transactions.
congress.gov/bill/118th-con…
Thank you, @RepRalphNorman, for your #leadership on #stablecoin issues. We appreciate your ensuring that small financial institutions like #creditunions have a seat at the table in discussions on digital currencies.
On the awful idea for Central Bank Digital Currency:
We have enough problems with abusive government surveillance. The Fed should NOT have means to monitor individual account holders or their transactions.
I'm proud to co-sponsor Rep. Emmer's CBDC Anti-Surveillance State Act.
Tom Emmer
@GOPMajorityWhip
The bill does three things:
1. Prohibits the Fed from issuing a CBDC directly to anyone.
2. Bars the Fed from using a CBDC to implement monetary policy and control the economy.
3. Requires the Fed's CBDC projects to be transparent to Congress and the American people