Bryan Steil

Home of the free, because of the brave

America is the home of the free, because of the brave. Thank you to all those who made the ultimate sacrifice to protect our freedoms.

Joined the 30th Annual Memorial Day Ceremony at Southern Wisconsin Veterans Memorial Cemetery to honor those who made the ultimate sacrifice for our country.

Thanks to GEA in Janesville for a closer look at the exceptional work from Wisconsin manufacturers. Wisconsin’s workforce is among the best in the world!

Congratulations Isabella - look forward to seeing your work in the Capitol

NUTS - This is why we need to strengthen election integrity!

Chairman @RepBryanSteil's MEGA Act prohibits universal vote by mail. This practice ⬇️ does not inspire confidence in American elections.

WATCH: Chairman @RepBryanSteil opens debate on the Smithsonian American Women’s History Museum Act ⬇️

Well deserved recognition for someone who has given so much to our veteran community.

Aldrich, Franklin, and Edison 8th graders in the Capitol today!

.@VP is right. It’s time to pass the Stop Insider Trading Act!

Learn more financialservices.house.gov/uploadedfiles/…

It's time to make the American Dream affordable again. The 21st Century Road to Housing Act gets it done!

@RepFrenchHill @USRepMikeFlood @RepMeuser H.R. 6644, the 21st Century ROAD to Housing Act, as amended, by Chairman @RepFrenchHill, Ranking Member @RepMaxineWaters, @USRepMikeFlood, and @RepCleaver passed the House 396-13.

WATCH: @RepBryanSteil questions witnesses on market trends for bank fintech relationships, to which Ms. Steinberg Barrage replied: "The types of arrangements that we're seeing are very focused on digital assets and AI, consistent with the mandate of this subcommittee. We are seeing banks looking to third parties to help them do digital asset custody, so on chain activities. We are seeing banks band together to figure out how they're going to do tokenized deposits with fintech parties. We are also seeing some banks publicly partner with exchanges to allow their customers to buy, sell, and hold crypto. So there are a wide variety of these types of arrangements. I think they will continue. And on the AI side, as my testimony describes, I feel like there's a lot of opportunity for upscaling in this area.” 📺⬇️

WATCH: Subcommittee Chairman @RepBryanSteil delivers opening remarks at today's hearing: "As FinTechs innovate, they can give consumers and businesses of all sizes access to more efficient financial services. With adherence to prudent risk management and strong oversight, these relationships can better serve communities. This includes facilitating expanded opportunities and inclusion in the form of access to financial services to those who may be less likely to access financial services through traditional bank products.” 📺⬇️

What role should Congress play in regulating prediction markets? "There's two fallacies," @RepBryanSteil tells @nicholaswu12. "The fallacy on the right is the libertarian view of, 'There should be no rules and regulations in the market will work out.' What we've seen is that we get regulators that are operating under old rules and regulations, poorly applied to current technology. "The fallacy on the left is what I call the nanny state fallacy, which is, 'Aha, if I provide rules and regulations and stifle this ... it will cease to exist.' The fallacy of that is it simply moves offshore." "If it's going to be onshore or offshore, I'd rather see it here under thoughtful, structured rules and regulations."

HAPPENING NOW: Chairman @RepBryanSteil convenes the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence hearing entitled: "Partnering for Innovation: How Bank-Fintech Collaborations Enhance Financial Infrastructure." twitter.com/i/broadcasts/1…