DoTheySupportIt

The digital asset industry has waited long enough. Businesses are making decisions where to build RIGHT NOW, and without clear rules, too many will go overseas. We must get Clarity done now. America’s financial future depends on it.

Getting anti-CBDC legislation to President Trump’s desk remains a critical priority. We’ve got to get this done.

The sleepy Senate had hoped to send us a FISA extension with no changes that would be passed by UC to an empty House chamber. Today, we forced a vote on the Senate’s “clean” FISA extension that ignored our House bill that included a ban on a CBDC — I voted No. And so, even in our “loss,” the battle is not over, and we are forcing the fight in the right direction. We now have 45 days to continue to work for 1) a permanent ban on a Central Bank Digital Currency, 2) FISA warrant protections, and 3) the 4th Amendment not-for-sale protections (to stop the mass-purchasing of your data by intel agencies). And with the extra time, we should open up the FISA discussion beyond 702 to include reforms to Title 1 (where much of the previous bad actions have occurred).

🤔 Who can resist the one ring to rule them all? Central Bank Digital Currency (CBDC) corrupts money into a dystopian tool for surveillance, coercion, and control. Ban CBDC!

🤔 Who can resist the one ring to rule them all? Central Bank Digital Currency (CBDC) corrupts money into a dystopian tool for surveillance, coercion, and control. Ban CBDC!

A Central Bank Digital Currency would be the ultimate surveillance tool. Last night's vote on FISA presented the best opportunity to force the Senate to address CBDC. As one of the primary members pushing for the inclusion of a ban on CBDC, I supported the passage of FISA with the ban on a CBDC out of the House. Here's more on why....

I voted no on FISA this evening. There was no SAVE America attached and the Senate said they wouldn’t pass the anti-CBDC language. Reforms were no good.

Americans built the strongest economy in the world on the foundation of free markets, private enterprise, and individual liberty, not government control. Central Bank Digital Currencies (CBDC) pose a serious threat to those values. The federal government has no business inserting itself between Americans and their financial freedom. Tonight, the House acted to defend the Constitution and advanced the Anti-CBDC Surveillance State Act. Now, it’s time for the Senate to act.

National security and constitutional liberty are not competing priorities. Congress has a responsibility to protect both. FISA is a critical tool for monitoring foreign adversaries and keeping Americans safe, but it must remain focused on foreign threats, not the surveillance of American citizens. With FISA’s expiration date set for tomorrow, I voted yes to reauthorize it so our intelligence agencies can continue protecting the American people while moving in a positive direction toward implementing much needed reforms. Permanently banning central bank digital currencies is vital to protecting Americans from the ultimate tool of financial surveillance. A CBDC would allow the federal government to monitor, track, and control how Americans spend their own money, including the power to freeze accounts without due process. Now that the House has acted, the Senate must move quickly to preserve these protections, keep Americans safe, and defend the constitutional liberties of the American people.

Kevin Warsh has the vision to execute fundamental reforms at the Federal Reserve that are long overdue. I urge my colleagues to confirm him so the Fed can finally become a partner in sound digital asset policy & put an end to the weaponization of banking regulators once & for all