Mike Flood
@USRepMikeFlood
Visited with NTD about the passage of my SAB 121 repeal this week, and what it means for the future of digital assets and @SECgov.
Watch here 
https://t.co/tKH9sM1OFG
https://t.co/tKH9sM1OFG
Mike Flood
Republican Congressperson from Nebraska, 1
Notable statements
Very pro-crypto
Mike Flood
@USRepMikeFlood
It set a disturbing precedent and is not the appropriate vehicle to promulgate accounting guidance for digital asset custodians. I appreciate the broad support of my colleagues in the House for H.J. Res. 109 and urge the Senate to take action to deliver a full repeal of SAB 121.
Very pro-crypto
Mike Flood
@USRepMikeFlood
Looking forward to joining the DC Blockchain Summit on May 15, 2024 to talk about the future of crypto, blockchain, and more!
Details here: digitalchamber.org pic.twitter.com/pvhPb1UXQe
Very pro-crypto
Mike Flood
@USRepMikeFlood
.@SECGov has virtually locked out the most regulated institutions from serving as custodians for digital assets. It’s time to roll back SAB 121 and to stop @GaryGensler’s overreach. pic.twitter.com/n3xWRhPMWq
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @PatrickMcHenry: There is bipartisan agreement SAB 121 undermines consumer protection and leaves customers' digital assets vulnerable.…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Chair @GaryGensler’s SAB 121 has virtually blocked banks from serving as custodians of digital assets. Today, @RepWileyNickel, @SenLummis, and I introduced resolutions to repeal @SECGov's terrible bulletin.
SAB 121’s days are numbered – it’s time for it to go! 
pic.twitter.com/jTQDdbMm3I
pic.twitter.com/jTQDdbMm3I
Very pro-crypto
Mike Flood
@USRepMikeFlood
The SEC has finally approved Bitcoin ETFs — read my statement on their announcement here 
pic.twitter.com/vnqUA6xhtI
pic.twitter.com/vnqUA6xhtI
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @ThinkingCrypto1: Gary Gensler is out of control & needs to be held Accountable!
Congressman Mike Flood joins me to discuss US #Crypto…
Very pro-crypto
Mike Flood
@USRepMikeFlood
The @SECGov issued a staff bulletin that would potentially have significant effects on the ability of banks to custody digital assets.
Watch as I question Chair Gensler on SAB 121: pic.twitter.com/bzd763OD5t
Very pro-crypto
Mike Flood
@USRepMikeFlood
Market participants have relied on @GaryGensler's statements and have filed applications for a regulated spot bitcoin ETP.
There is no reason to continue to deny such applications under inconsistent and discriminatory standards.
Full letter and release >>>… twitter.com/i/web/status/1… pic.twitter.com/fsfDvMlubG
Very pro-crypto
Mike Flood
@USRepMikeFlood
"If we use a federal CBDC, the Federal Reserve would be at the center of every American transaction […] That’s an enormous amount of power, and that power would put tremendous political power on the Federal Reserve."
This is why we need @GOPMajorityWhip’s bill to ban the… twitter.com/i/web/status/1… pic.twitter.com/U1yEKG3Awj
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @GOPMajorityWhip: 
Today, with 49 of my Republican colleagues, I reintroduced the CBDC Anti-Surveillance State Act
https://t.co/mbke95…
Today, with 49 of my Republican colleagues, I reintroduced the CBDC Anti-Surveillance State Act
https://t.co/mbke95…Very pro-crypto
Mike Flood
@USRepMikeFlood
In a digital age, cryptocurrency represents new economic opportunities for America – but it’s critical for private sector innovators to take the lead. The American dollar has long been a symbol of prosperity and freedom, and our digital currencies should be the same. twitter.com/GOPMajorityWhi…
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @FinancialCmte: The U.S. needs a clear regulatory framework to harness the promise of payment stablecoins and ensure consumer protection…
Very pro-crypto
Mike Flood
@USRepMikeFlood
"Flyover Fintech featured a day of speakers — ranging from members of the House Financial Services Committee to leading voices in fintech — discussing the current and future states of regulation over cryptocurrency and other digital assets."
siliconprairienews.com/2023/08/five-t…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Welcoming almost 250 people from across the country to my first Flyover Fintech conference to talk about the future of financial services, crypto, and digital assets — looking forward to robust discussions! pic.twitter.com/StTXYYP3Xl
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @blockchaintpsht: Brian Quintenz, former CFTC Commissioner now @a16zcrypto discussing digital assets with @USRepMikeFlood. @RepFrenchHil…
Very pro-crypto
Mike Flood
@USRepMikeFlood
"There’s no reason for a state-chartered bank in Nebraska that issues Stablecoins to be regulated directly by the Federal Reserve when the Nebraska Department of Banking is equipped to do the job."
norfolkneradio.com/news/flood-hig…
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @WarrenDavidson: 100% Powerful message from @USRepMikeFlood.
#ICYMI Next week @FinancialCmte will markup a Digital Asset Market Struct…
Very pro-crypto
Mike Flood
@USRepMikeFlood
This panel features a variety of broker dealers and exchanges who engage on the retail side of digital asset investing.
I encourage anyone who is interested in joining the conversation to reserve their spot and register for Flyover Fintech.
Very pro-crypto
Mike Flood
@USRepMikeFlood
We must pass a digital assets framework that provides meaningful regulatory clarity, fosters innovation, and protects American investors.
Very pro-crypto
Mike Flood
@USRepMikeFlood
This decision is an enormous victory for the future of digital assets in the United States and American innovation. Now that Chair Gensler’s spurious legal argument on XRP has been discredited, it is time for Congress to act where the SEC and Chair Gensler have failed. twitter.com/Ripple/status/…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Establishing a regulatory framework for cryptocurrency that promotes private sector innovation has been a hot topic in Washington recently.
I'm excited to announce that Flyover Fintech will feature a panel titled “How a Lack of Clarity Affects Digital Asset Retail Investing." pic.twitter.com/yCwhHWumH3
Very pro-crypto
Mike Flood
@USRepMikeFlood
Our country’s dual-banking system has promoted innovation – innovation that should be encouraged in the area of crypto.
I'm excited to announce that Flyover Fintech will feature a panel titled “Clarity and Custody: Why the Lack of Clarity for Custodians Stifles Innovation.” pic.twitter.com/O2n6IThPUQ
Very pro-crypto
Mike Flood
@USRepMikeFlood
This panel will explore the future of Web 3, NFTs, and Decentralized Finance.
I encourage anyone who is interested in joining the conversation to reserve their spot and register for Flyover Fintech.
Very pro-crypto
Mike Flood
@USRepMikeFlood
ICYMI: How can a broker-dealer register if they don’t know which assets are a security and which are not? America needs a digital assets framework.
Watch my exchange during Tuesday’s hearing. pic.twitter.com/hWO6RdYc81
pic.twitter.com/hWO6RdYc81
Very pro-crypto
Mike Flood
@USRepMikeFlood
The conference will welcome industry leaders and public officials from across the country to Lincoln to talk about the future of fintech, digital assets, and our global economy.
Very pro-crypto
Mike Flood
@USRepMikeFlood
States are the laboratories where public policy is developed and refined in our democratic republic — and digital assets should be no different.
Watch my comments from today’s hearing pic.twitter.com/ndAvXmYG33
pic.twitter.com/ndAvXmYG33
Very pro-crypto
Mike Flood
@USRepMikeFlood
WATCH: How Congress addresses the future of digital assets will impact the ability of Americans to participate in our economy here and around the world.
Q&A from today's @FinancialCmte hearing pic.twitter.com/yx4NTgHcja
pic.twitter.com/yx4NTgHcja
Very pro-crypto
Mike Flood
@USRepMikeFlood
Digital assets are at the heart of our digital economy’s future, but the Biden’s Administration’s response is driving innovators out of America and into the hands of international competitors.
Read my letter with Rep. @WarrenDavidson pic.twitter.com/gKISOqd4eI
pic.twitter.com/gKISOqd4eI
Very pro-crypto
Mike Flood
@USRepMikeFlood
"Rep. Warren Davidson (R-Ohio), Chairman of the Subcommittee on Housing and Insurance, along with Rep. Mike Flood (R-Neb.), who serves on the Subcommittee on Digital Assets has written a letter to the CEA."
Full @FoxBusiness piece here
foxbusiness.com/politics/repub…
foxbusiness.com/politics/repub…Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @WarrenDavidson: The Biden administration’s Council of Economic Advisors has flip-flopped on how they intend to handle digital assets.…
Very pro-crypto
Mike Flood
@USRepMikeFlood
We need a regulatory framework that attracts investment here in America and encourages private sector entrepreneurs to deliver digital asset technology here at home.
Very pro-crypto
Mike Flood
@USRepMikeFlood
There is simply no way the digital assets ecosystem within the United States will survive without some kind of action from Congress to combat the regulatory deluge we’ve seen in the past few months.
Watch my full comments pic.twitter.com/CscbpkorcO
pic.twitter.com/CscbpkorcO
Very pro-crypto
Mike Flood
@USRepMikeFlood
Maintaining a robust role for state regulators in digital assets can help spur innovation and growth.
Watch my full comments here pic.twitter.com/ZPXksfudju
pic.twitter.com/ZPXksfudju
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @FinancialCmte: #HappeningNow: Chairman @RepFrenchHill convenes the Subcommittee on Digital Assets, Financial Technology & Inclusion for…
Very pro-crypto
Mike Flood
@USRepMikeFlood
As @FinancialCmte works to establish a digital assets framework, the Biden Administration need to get bureaucrats out of the way so that we can protect the future of America’s innovation economy.
coindesk.com/business/2023/…
Very pro-crypto
Mike Flood
@USRepMikeFlood
The actions of the Biden Administration and @SECGov Chairman Gensler are putting the future of digital assets in America at risk by pushing industry players offshore. If they succeed, American investors lose.
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @FinancialCmte: #WATCH: @USRepMikeFlood highlights the risks that @SECGov's SAB 121 guidance poses to the digital asset ecosystem and it…
Very pro-crypto
Mike Flood
@USRepMikeFlood
The CBDC Anti-Surveillance State Act is a key step towards ensuring that Americans maintain their financial freedom by prohibiting a centrally controlled digital currency as our economy continues to innovate in the area of digital assets.
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @GOPMajorityWhip: Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected bureaucrats in Washington, DC fr…
Very pro-crypto
Mike Flood
@USRepMikeFlood
In a digital age, cryptocurrency represents new economic opportunities for America – but it’s critical for private sector innovators to take the lead. The American dollar has long been a symbol of prosperity and freedom, and our digital currencies should be the same. twitter.com/GOPMajorityWhi…
Very pro-crypto
Mike Flood
@USRepMikeFlood
From establishing a commonsense digital asset regulation to ensuring we protect the financial freedom of all Americans, I’m looking forward to contributing to the important policymaking and oversight these subcommittees will lead on in the coming months.
Very pro-crypto
Mike Flood
@USRepMikeFlood
I look forward to collaborating with Chairman @PatrickMcHenry and Nebraska’s banking and insurance sectors on a diverse set of priorities ranging from digital asset regulation to the encroachment of ESG.
Very pro-crypto