profile picture of Shri Thanedar

Shri Thanedar

Democratic Congressperson from Michigan, 13

Crypto letter grade of A

Strongly supports crypto

Shri Thanedar has made 8 statements about crypto.

Candidate questionnaire

Notable statements

profile picture of Shri Thanedar

Shri Thanedar

@RepShriThanedar

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From opening new investment opportunities to protecting our supply chain from Trump’s attacks, cryptocurrency can benefit everyone. Credit card payments cost businesses up to 3.5% in fees, which is then passed on to the consumer. Money orders are a popular way to send money, but can be expensive and hard to access. Stablecoins—digital dollars powered by blockchain—let people send money instantly for pennies, eliminating a hidden tax we all pay. As a former small business owner, I know how difficult it is to build a small business. Traditional credit card or check payments can take up to 7 days to clear, further exacerbating these difficulties. With blockchain, payments settle in seconds, giving businesses immediate access to funds they can use to grow their business and a greater ability to compete globally—critical when 74% of economic activity is outside the U.S. I’m encouraged by bipartisan bills like the GENIUS and CLARITY Acts, which create a clear, bipartisan, pro-innovation regulatory framework for digital assets. Inconsistent state regulations have driven 1 in 3 blockchain innovators overseas—hurting our economy and competitiveness. #CryptoDayOfAction
Very pro-crypto
Quoted from www.standwithcrypto.org on Apr 6th, 2024

Congressman Shri Thanedar completed the Stand With Crypto Questionnaire and demonstrated support for crypto and digital assets. He emphasized the importance of crypto in driving technological innovation, economic growth, and job creation. Congressman Shri Thanedar supports comprehensive regulatory frameworks that offer clarity and promote responsible innovation.

Somewhat pro-crypto