WASHINGTON—House Republican Conference Chairwoman Lisa McClain (R-Mich.) released the following statement after the House passed three major crypto bills: the Anti-CBDC Surveillance State Act, the CLARITY Act, and the GENIUS Act:
“For too long, innovators and entrepreneurs have faced regulatory uncertainty that stifled growth. That ends now. House Republicans just put America back in the lead on crypto. Each of these bills is a critical step toward securing America’s leadership in the digital economy while providing accountability and oversight for the industry,” Chairwoman McClain said. “We’re answering President Trump’s call to make the United States the crypto capital of the world. I commend Chairman French Hill for his outstanding leadership in getting this done. House Republicans are leading the way.”
The Anti-CBDC Surveillance State Act stops the creation of a government-run digital dollar, protecting financial privacy and freedom.
The CLARITY Act sets clear rules for financial regulators, protects consumers, fixes loopholes, and supports innovation in the United States.
The GENIUS Act creates clear rules for payment stablecoins, protecting consumers, and keeping the U.S. dollar at the foundation of the global financial system.
