Historic Crypto Wins! U.S. House Passes CLARITY and GENIUS ActsClaim your commemorative NFT!

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Michael Cloud

Republican Congressperson from Texas, 27

Crypto letter grade of C

Neutral on crypto

Michael Cloud has made 11 statements about crypto.

Notable statements

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Michael Cloud

@RepCloudTX

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I voted NO on the GENIUS Act. It overlooks smaller community banks and current issuers, and most importantly—it fails to protect self-custody and leaves the door wide open to a Central Bank Digital Currency (CBDC).
Very pro-crypto
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Michael Cloud

@RepCloudTX

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🧵This week, the House took up several major crypto bills: • S.1582 — GENIUS Act • H.R.1919 — Anti-CBDC Act • H.R.3633 — CLARITY Act But not every bill protected your freedom and that’s where I drew the line.
Very pro-crypto
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Michael Cloud

@RepCloudTX

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That’s why the House passed two standalone bills: H.R. 1919 to ban a CBDC outright, and the CLARITY Act to protect self-custody and support crypto innovation. The Senate should pass these bills immediately. If they don’t, we worked to ensure the CBDC ban is taken care of in the upcoming National Defense Authorization Act (NDAA).
Very pro-crypto
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Michael Cloud

@RepCloudTX

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A CBDC could give federal bureaucrats full control over: — Every transaction tracked — Accounts frozen or censored — Political beliefs punished That’s not innovation. That’s surveillance.
Very pro-crypto
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Michael Cloud

@RepCloudTX

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RT @WarrenDavidson: Next week the House will vote to ban Central Bank Digital Currency. #CBDC poses an existential threat to western civili…
Very pro-crypto