profile picture of Frank Pallone Jr

Frank Pallone Jr

Democratic Congressperson from New Jersey, 6

Notable statements

profile picture of Frank Pallone Jr

Frank Pallone Jr

@FrankPallone

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Trump and the Republicans want to completely deregulate the crypto industry, which will only help scammers take advantage of inexperienced investors while avoiding taxes on their Ill gotten gains. wsj.com/finance/curren…
Very anti-crypto
profile picture of Frank Pallone Jr

Frank Pallone Jr

@FrankPallone

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This is a real concern. It’s why my @EnergyCommerce Committee is actively investigating the impacts cryptomining companies have on our grid & the environment. It's critical that they mitigate their fossil fuel use & climate pollution in this emerging space.bloomberg.com/news/articles/…
Very anti-crypto
profile picture of Frank Pallone Jr

Frank Pallone Jr

@FrankPallone

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Today’s letters follow a hearing my @EnergyCommerce Committee held in January and are a continuation of our investigation into crypto’s impacts on our energy grid and climate goals. I look forward to getting answers.
Somewhat anti-crypto
Somewhat anti-crypto
profile picture of Frank Pallone Jr

Frank Pallone Jr

@FrankPallone

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Blockchain technology and #Cryptocurrency bring enormous promise but some blockchains are consuming enormous amounts of energy. Today, I held a #SubOversight hearing on this energy usage and how the crypto industry can assist us in achieving our climate goals. pic.x.com/afAMUq7K3s
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Somewhat anti-crypto
profile picture of Frank Pallone Jr

Frank Pallone Jr

@FrankPallone

x.com logo
As cryptocurrency swiftly rises in popularity, we must understand and address the environmental impacts it is having on our communities and our planet. That’s why I’m holding a hearing on cryptomining’s growing energy footprint so we can prepare for cleaner alternatives. x.com/EnergyCommerce…
Very anti-crypto