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Taylor Barr Profile
Taylor Barr

@taylorjbarr

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Policy @DigitalChamber || Previous: @stevedaines @AmericaFrontier

Washington, DC
Joined December 2017
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@taylorjbarr
Taylor Barr
5 months
An absolute honor to have @RepWileyNickel join me today for a fireside chat! From going toe-to-toe with @GaryGensler to whipping D votes for FIT21, @WileyNickel represents true leadership and we are grateful for the opportunity to recognize him.
@DigitalChamber
The Digital Chamber
5 months
The Chamber's own @taylorjbarr led a fireside chat with Rep @WileyNickel and also had the opportunity to present him with the 2024 Blockchain Policy Champion Award at the 2024 #DCBlockchain Summit
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@taylorjbarr
Taylor Barr
5 months
Here are the Democrats who joined to pass the resolution👇 Auchincloss Boyle (PA) Caraveo Costa Craig Cuellar Davis (NC) Gallego Gottheimer Houlahan Moskowitz Moulton Nickel Pappas Phillips Sherrill Slotkin Soto Swalwell Torres Veasey
@taylorjbarr
Taylor Barr
5 months
21 Democrats just joined 207 Republicans to pass the resolution to nullify SAB 121!!! On to the Senate!
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@taylorjbarr
Taylor Barr
5 months
🚨NEW: @SenSchumer leads 12 Democrats in joining all Republicans to pass the resolution to nullify SAB121 Here’s the list of Democrats👇 Casey Peters Gillibrand Kelly Hickenlooper Booker Tester Rosen Sinema Lujan Wyden Schumer
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@taylorjbarr
Taylor Barr
5 months
🚨NEW: @RepWileyNickel wrote to @GaryGensler today asking the SEC to withdraw SAB 121 in light of today’s expected bipartisan Senate vote on nullification. “Unfortunately, the SEC’s open hostility toward the digital assets industry isn’t serving President Biden’s best
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@taylorjbarr
Taylor Barr
8 months
Sec. Yellen ( @SecYellen ) urges Congress to pass legislation to provide clarity in crypto markets during @FinancialCmte hearing "Congress should pass legislation to provide for the regulation of stablecoins and of the spot market for crypto-assets that are not securities"
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@taylorjbarr
Taylor Barr
8 months
🙋‍♂️Quick question @SenWarren , did we read the same @USGAO report?
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@SenWarren
Elizabeth Warren
8 months
A new  @USGAO report confirms that rogue nations are using crypto to dodge sanctions and undermine our national security. It’s time for crypto to follow the same anti-money laundering rules as everyone else. I’ve got a bill to make it happen.
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@taylorjbarr
Taylor Barr
6 months
☀️Good morning! A new stablecoin bill has just dropped from @SenGillibrand and @SenLummis The bill: Allows banks and non-bank trust companies to issue stablecoins through dedicated subsidiaries. Bans “unbacked, algorithmic” stablecoins. Introduces capital and one-to-one
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@taylorjbarr
Taylor Barr
1 year
🚨NEW: @SenWarren adds NINE new cosponsors to her anti-crypto bill. All Democrats. This does not change the trajectory of the bill as most of these co-signers were expected. The new co-signers are: Homeland Security Chair Gary Peters (D-Mich.) Judiciary Chair Dick Durbin
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@taylorjbarr
Taylor Barr
10 months
🍿 @VivekGRamaswamy and @RonDeSantis talk crypto in the GOP primary debate
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@taylorjbarr
Taylor Barr
5 months
21 Democrats just joined 207 Republicans to pass the resolution to nullify SAB 121!!! On to the Senate!
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@taylorjbarr
Taylor Barr
2 months
🚨NEW: Crypto skeptic @CoriBush has lost her Democratic primary race to @WesleyBell4MO Bush voted against: ❌ FIT21 ❌ SAB 121 Nullification ❌ CBDC Anti-Surveillance State Act
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@taylorjbarr
Taylor Barr
2 months
🚨NEW: @RepWileyNickel is asked if @KamalaHarris would let @GaryGensler stay at @SECGov @WileyNickel said he’s working behind the scenes for a reset on crypto policy 👀
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@taylorjbarr
Taylor Barr
3 months
🇺🇸 @JDVance1 for VP = strong champion for #crypto in the White House
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@taylorjbarr
Taylor Barr
11 months
🚨NEW: @SenTedBuddNC introduced the Senate version of @WarrenDavidson ’s Keep Your Coins Act. The bill ensures the option to self custody is not infringed. Specifically, it prohibits Federal agencies from restricting the use of convertible virtual currency by a person to
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@taylorjbarr
Taylor Barr
7 months
🚨Sen. Brown one of the Senate’s largest crypto skeptics was caught attending a fundraiser held by banking lobbyists. Big banks are funding and crafting bills for full crypto ban…sacrificing U.S. jobs and leadership in the digital economy
@dlippman
Daniel Lippman
7 months
SCOOPLET: Senate Banking Chair Sherrod Brown (D-Ohio) was spotted on Tuesday leaving a fundraiser at the DC office of the lobbying firm Arnold & Porter, which has numerous financial services clients, a person familiar with the fundraiser told me.
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@taylorjbarr
Taylor Barr
1 year
The date is official! On September 27th, @GaryGensler will testify before @FinancialCmte This will be a much less friendly venue than @BankingGOP as lawmakers seek to put Gensler on the record Stay tuned as @DigitalChamber will be sending materials to all committee members
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@taylorjbarr
Taylor Barr
5 months
Absolutely wild and unacceptable that a @FinancialCmte member (which has oversight of the SEC) has received no response from @GaryGensler on SAB 121…
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@taylorjbarr
Taylor Barr
5 months
New this morning: @PatrickMcHenry joins the bipartisan group of lawmakers cosponsoring FIT for the 21st Century Act (market structure) This comes as chatter around the bill’s movement has picked up in recent weeks. With 9 months left till retirement, McHenry could be looking to
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@taylorjbarr
Taylor Barr
21 days
Adding to this, no mention of crypto in Harris’ new policy page on her campaign website 57 days until the election…tight timeframe to make a meaningful policy statement Full Harris policy page:
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@EleanorTerrett
Eleanor Terrett
21 days
🚨NEW: @SenSchumer sent a letter to his Senate colleagues where he mentioned priorities for passing bipartisan legislation in the remaining months of Congress. Cryptocurrency legislation was not mentioned, but artificial intelligence was. This, despite his adamance in the
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@taylorjbarr
Taylor Barr
8 months
. @SenWarren and her allies have used wildly inflated data to promote DAAML (Crypto Ban Bill) for too long After this past week’s hearings, we can now turn towards solutions that create clarity for #crypto market participants instead of criminalizing them
@EleanorTerrett
Eleanor Terrett
8 months
🚨NEW from me: Treasury deals blow to Elizabeth Warren’s anti-crypto crusade A top official in the Treasury Department’s Terrorism and Financial Intelligence Office debunked @SenWarren ’s past claims that cryptocurrency is chiefly responsible for funding Middle East terrorist
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@taylorjbarr
Taylor Barr
9 months
🚨UPDATE: @FinancialCmte is demanding a briefing from @SECGov on their compromised X account and unauthorized Bitcoin ETF Post Check out their letter to @GaryGensler below👇
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@DigitalChamber
The Digital Chamber
9 months
Absolutely NO government account should be susceptible to a compromise. For what SHOULD be a trusted X account, we are incredibly concerned with the cybersecurity measures @SECGov is taking. Our letter urges Congress to call a hearing ASAP for answers to prevent investor harm.
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@taylorjbarr
Taylor Barr
4 months
President Biden’s veto tonight goes against: ❎ A bipartisan group of 228 House Members ❎ A bipartisan group of 60 Senators led by the Democratic Majority Leader ❎ The GAO’s determination @SECGov violated the Congressional Review Act ❎ SAB 121’s clear harms to consumers
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@taylorjbarr
Taylor Barr
5 months
🚨NEW: The Senate version of the resolution to nullify SAB 121 has an updated list of 𝟭𝟰 𝗻𝗲𝘄 𝗰𝗼-𝘀𝗽𝗼𝗻𝘀𝗼𝗿𝘀 👇 The House will vote today on the resolution, which will then move to the Senate. This new list is indicates strong support from Rs, but at least two
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@taylorjbarr
Taylor Barr
6 months
This morning @YaleBlockchain SEC Commissioner Uyeda joked that when @GaryGensler says nearly all crypto assets are securities he “feels like he is in freshman algebra…you need to show your work, show how you got there”
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@taylorjbarr
Taylor Barr
6 months
Don't want to read a 179 page bill? Fair. Check out some highlights from the new stablecoin bill:
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@taylorjbarr
Taylor Barr
6 months
☀️Good morning! A new stablecoin bill has just dropped from @SenGillibrand and @SenLummis The bill: Allows banks and non-bank trust companies to issue stablecoins through dedicated subsidiaries. Bans “unbacked, algorithmic” stablecoins. Introduces capital and one-to-one
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@taylorjbarr
Taylor Barr
6 months
🚨NEW: #Bitcoin champion @berniemoreno wins Ohio GOP primary Now on to defeat Sen. Brown in November!
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@AP_Politics
AP Politics
6 months
BREAKING: Bernie Moreno wins Republican nomination for U.S. Senate in Ohio primary election. #APRaceCall at 8:35 p.m. EDT.
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@taylorjbarr
Taylor Barr
8 months
🚨 JUST NOW: @SenLummis along with @USRepMikeFlood and @RepWileyNickel introduced a joint resolution to nullify the SEC’s SAB 121. SAB 121 mandates digital asset custodians to maintain an equal asset on their balance sheets as a liability, demanding an unprecedented parity...all
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@taylorjbarr
Taylor Barr
8 months
Sen. Brown ( @SenSherrodBrown ) asks Sec. Yellen ( @SecYellen ) if Congress needs additional authority to combat terrorist's use of digital assets "Do we need to update our counter-terrorism tools to respond to the risk created by digital assets?" *Notice how the refuted "$130
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@taylorjbarr
Taylor Barr
8 months
More from today's @FinancialCmte hearing w/ @SecYellen : "The CFTC, for example, doesn't have supervisory or regulatory authority with respect spot markets and commodities like Bitcoin...so that's a regulatory gap"
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@taylorjbarr
Taylor Barr
2 months
. @DigitalPowerUS just finished our 3-week #Bitcoin education series for Congressional staff ✅ +150 Staffers attended ✅ Education on the basics, methane mitigation, and grid strengthening ✅ Orange-pilling Congress 🧡 Huge shout out to: @RepMolinaroNY19 , @JaysonBrowder ,
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@taylorjbarr
Taylor Barr
4 months
🚨NEW: The House will be voting on @CongressmanGT + @ElectFrench + @RepDustyJohnson + @GOPMajorityWhip ’s FIT for the 21st Century Act this Wednesday at 4:30 pm *The voting schedule is still fluid and may change*
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@taylorjbarr
Taylor Barr
3 months
🚨NEW: @mattgaetz introduces legislation to allow certain federal taxes to be paid with #bitcoin “By enabling taxpayers to use Bitcoin for federal tax payments, we can promote innovation, increase efficiency, and offer more flexibility to American citizens,” - Rep. Gaetz told
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@taylorjbarr
Taylor Barr
1 year
🚨NEW: Ahead of tomorrow’s @BankingGOP hearing, @GaryGensler released the testimony he will give to the committee. Here’s what he will have to say about crypto tomorrow 👇
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@taylorjbarr
Taylor Barr
10 months
#Bitcoin mining can lead to a domestic semiconductor industry revival 🇺🇸 Check out my latest op-ed to find out why it’s time for policymakers (and everyone) to view #Bitcoin mining as a strategic step to ensure US tech supremacy and safeguard national security 👇
@Blockworks_
Blockworks
10 months
OPINION: Want to bolster American national security? Support bitcoin mining
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@taylorjbarr
Taylor Barr
4 months
I know SAB 121 dominated the headlines last week, but don’t miss another bipartisan win on crypto legislation👇 Congratulations to @RepLBR and @RepLarryBucshon for passing legislation to use innovative blockchain tech to ensure the U.S. can identify risks within our supply
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@RepLBR
Rep. Lisa Blunt Rochester
5 months
NEWS: My bipartisan bill with @RepLarryBucshon - the Deploying American Blockchains Act - just passed the House! This means we're one step closer to harnessing innovative blockchain technology to protect consumers, support businesses, and grow our economy.
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@taylorjbarr
Taylor Barr
2 months
It’s never too late to pick up new #crypto champions. Thank you @RogerMarshallMD for listening to the concerns of our industry and keeping an open mind to benefits of blockchain tech. Stay humble, keep fighting 🇺🇸
@AlexanderGrieve
Alexander Grieve
2 months
Nothing more inspiring in crypto policy than seeing Members update their priors on crypto. @RogerMarshallMD is the latest (and one of the most noteworthy) — yesterday literally UNsponsoring the DAAMLA bill he originally introed w/ Sen Warren. We salute you Sen. Marshall 🫡🇺🇸
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@taylorjbarr
Taylor Barr
3 months
🚨NEW: Dem leadership has told its members to vote NO on overturning Biden’s veto nullifying SAB 121
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@taylorjbarr
Taylor Barr
3 months
🚨It’s official: @SenateAgDems / @SenateAgGOP have posted a hearing for next Wednesday on “Oversight of Digital Commodities” with @CFTCbehnam as the only witness This will prob be a general crypto hearing as opposed to being specifically about @SenStabenow ’s legislation
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@taylorjbarr
Taylor Barr
1 year
So far we have heard about Blockchain for: Healthcare, Supply Chains, Satellites, Food Traceability, Energy Grid Modernization, VA Health Records, Encrypted Messaging, Cross-Border Transactions, and so much more…
@taylorjbarr
Taylor Barr
1 year
Day 2 of a packed week of Digital Asset related hearings is kicking off…
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@taylorjbarr
Taylor Barr
4 months
🚨NEW: @FinancialCmte ’s Digital Asset Subcommittee noticed a hearing for next Wednesday entitled:“Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets” Interesting to see the cmte dive into emerging opportunities for blockchain
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@taylorjbarr
Taylor Barr
4 months
😳 @BradSherman rises to tell his colleagues that “crypto is not a currency” and “you can’t buy a sandwich” with it Seems ironic to say that on the day celebrating the first purchase using #Bitcoin over 14 years ago Wild times on the floor today…
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@taylorjbarr
Taylor Barr
8 months
In the FIRST question of today’s @FinancialCmte hearing, @m_mosier_ explains why @SenWarren ’s DAAML bill fails to address illicit finance issues Rep. Hill ( @RepFrenchHill ): “If we were to require [miners and validators] to become a money service business it wouldn’t do anything
@FinancialCmte
Financial Services GOP
8 months
#HappeningNow : Chairman @RepFrenchHill convenes the Digital Assets, Financial Technology and Inclusion Subcommittee for a hearing entitled "Crypto Crime in Context Part II: Examining Approaches to Combat Illicit Activity." 📺 Watch live 🔗
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@taylorjbarr
Taylor Barr
2 months
👋 Friendly reminder that Congress isn't giving up nullifying SAB 121 @USRepMikeFlood 's "Uniform Treatment of Custodial Assets Act" which would effectively nullify SAB 121 is continuing to gain co-sponsors Now, 14 Dems are cosponsoring the bill (compared to only 7 R's) New
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@taylorjbarr
Taylor Barr
1 year
For reference, the last time @GaryGensler spoke to @FinancialCmte was April 18th and the last time he spoke to @BankingGOP was September 15th, 2022 A lot has happened since then...
@EleanorTerrett
Eleanor Terrett
1 year
🚨SCOOP: SEC Chairman @GaryGensler has agreed to testify before @BankingGOP / @SenateBanking on Tuesday September 12th and before @FinancialCmte / @FSCDems on Wednesday September 27th.
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@taylorjbarr
Taylor Barr
4 months
This is the best way to end the most wild month in crypto in awhile… Quick recap of the highlights: ✅ House passes SAB 121 nullification w/ 21 Dems ✅ Senate passes SAB 121 nullification w/ Schumer + 10 more Dems ✅ House passes FIT21 w/ 71 Dems ✅ SEC approves ETHETF
@JSeyff
James Seyffart
4 months
BOOM!! APPROVED! There it is. The SEC just approved spot #Ethereum ETFs. What a turn of events. It's really happening. h/t @PhoenixTrades_
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@taylorjbarr
Taylor Barr
7 months
👏🏻🇺🇸 Thank you @SenLummis for your unwavering support of our industry’s efforts to combat Federal gov’t overreach
@SenLummis
Senator Cynthia Lummis
7 months
I am thrilled the Department of Energy suspended its crypto asset mining usage survey. DOE should never pick winners and losers with who can access the energy grid.
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@taylorjbarr
Taylor Barr
1 year
China already accounts for 84% of all blockchain patent applications. Baidu’s new patent is a part of a larger trend of our adversaries taking advantage of our lack of regulatory clarity. Congress must act.
@mtcameron
Michael Cameron
1 year
Chinese Google-competitor Baidu just filed a blockchain patent. If the US doesn't start taking blockchain seriously we will lose control! Read the full patent below:
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@taylorjbarr
Taylor Barr
8 months
Today is the first NFT Education Day on Capitol Hill, hosted by @DigitalChamber and our wonderful members. Thank you @HesterPeirce for kicking off the day!
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@taylorjbarr
Taylor Barr
5 months
. @SenWarren is out with a new letter to @SecYellen slamming stablecoins legislation for increasing "opportunities for terrorist fundraising". The flawed logic: a growing stablecoin market = more threats to national security. Would love Sen. Warren's take on the new bill's
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@taylorjbarr
Taylor Barr
1 year
🚨NEW: U.S. Senators Elizabeth Warren (D-Mass.), Bob Casey (D-Pa.), Richard Blumenthal (D-Conn.), and Bernie Sanders (I-Vt.) sent a letter to the Treasury and the IRS urging them to expedite rules to curb tax evasion via crypto loopholes. 👇
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@taylorjbarr
Taylor Barr
1 year
Here we go! In a few minutes @GaryGensler will begin his testimony to @BankingGOP Follow along for live updates
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@taylorjbarr
Taylor Barr
7 months
. @GOPMajorityWhip was one of the first to sound the alarm on @EIAgov ’s overreach and just three days ago sent a letter to @OMBPress pushing back on their approval of the survey Great to see everyone’s tireless efforts begin to shift the tide
@GOPMajorityWhip
Tom Emmer
7 months
Great news! The Energy Information Administration is backing down on its “emergency” demand for Bitcoin miners to share proprietary information. We rejected this administration’s abuse of emergency authority, and common sense prevailed. Background:
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@taylorjbarr
Taylor Barr
6 months
Quick notes: This is a distinct effort from @PatrickMcHenry ’s stablecoin bill in the House The new bill is mostly a stand-alone version of the “Lummis-Gillibrand” Responsible Financial Innovation Act’s stablecoin text with some important updates
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@taylorjbarr
Taylor Barr
8 months
Stablecoin Solution: @PatrickMcHenry 's Clarity for Payment Stablecoins Act also creates the same regulatory framework for stables that Sec. Yellen asked for
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@taylorjbarr
Taylor Barr
5 months
The most powerful Democrat in the Senate just voted to rescind SAB 121… Makes it quite difficult for Biden to continue his veto threat…hard to go against the leader of your own party in the Senate.
@taylorjbarr
Taylor Barr
5 months
🚨NEW: @SenSchumer leads 12 Democrats in joining all Republicans to pass the resolution to nullify SAB121 Here’s the list of Democrats👇 Casey Peters Gillibrand Kelly Hickenlooper Booker Tester Rosen Sinema Lujan Wyden Schumer
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@taylorjbarr
Taylor Barr
8 months
Spot Market Solution: The bipartisan FIT for the 21st Century Act (led by @RepFrenchHill and @CongressmanGT ) creates the exact market structure that Sec. Yellen encouraged Congress to form
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@taylorjbarr
Taylor Barr
4 months
Today’s vote is not an endorsement of digital assets, it’s about protecting the +50 million Americans already using them As @RepWileyNickel likes to say “whether you hate crypto or love it, you can’t stick your head in the sand and pretend it’s not here to stay”
@DigitalChamber
The Digital Chamber
4 months
Today, we sent a letter to leading Democratic caucuses urging them to support #FIT21 . This bill will establish a comprehensive reg framework for #digitalassets , ensuring US leadership & consumer protection. It's not about #crypto sentiment, but a vote for the future.
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@taylorjbarr
Taylor Barr
4 months
. @RepMaxineWaters starts today’s debate saying the “Not Fit for Purpose” Act will let crypto operate under 1) a “lighter touch regulatory regime at the CFTC or 2) a regulatory “no man’s land” with no primary regulator Good preview into the language Waters and her team have been
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@taylorjbarr
Taylor Barr
2 months
. @RogerMarshallMD ’s comments should be a warning to all cosponsors of @SenWarren ’s DAAMLA: “I think that it probably goes too far in the Know Your Customer,” he said, adding that bitcoin miners shouldn’t be subject to KYC requirements. “I think I was a little bit misinformed
@Zachary
Zach Warmbrodt
2 months
Why did @RogerMarshallMD drop his support for @SenWarren 's crypto bill? Read @Jasper_Goodman 's interview with him in today's MM
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@taylorjbarr
Taylor Barr
10 months
Watching traditional industries react to new tech is such déjà vu. Taxis criticized Uber, bookstores questioned e-readers, Blockbuster challenged Netflix, and now banks scrutinize crypto. It’s a cycle as old as time: new disrupts old, old resists, and the world evolves around
@YahooFinance
Yahoo Finance
10 months
"I've always been deeply opposed to crypto, bitcoin, etc. [Senator Warren] pointed out the only true use case for it is criminals," says JPMorgan Chase CEO Jamie Dimon. "If I were the government I'd close it down."
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@taylorjbarr
Taylor Barr
1 year
The current interim Speaker of the House = champion of Bitcoin policy for years👇
@PatrickMcHenry
Patrick McHenry
4 years
✅ Policymakers should be on the side of innovation and ingenuity, which are vital to American competitiveness. I hope others in US govt join me. #Bitcoin
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@taylorjbarr
Taylor Barr
3 months
Crypto had a big week on Capitol Hill…from the Senate to House…from hearings to on-the-floor debates…it was a lot 😅 So…I’ve pulled together this week’s 𝗧𝗼𝗽 𝟭𝟬 𝗠𝗼𝗺𝗲𝗻𝘁𝘀 𝗳𝗼𝗿 𝗖𝗿𝘆𝗽𝘁𝗼 𝗼𝗻 𝗖𝗮𝗽𝗶𝘁𝗼𝗹 𝗛𝗶𝗹𝗹🧵👇
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@taylorjbarr
Taylor Barr
6 months
The message is clear: @DigitalPowerUS members are helping the U.S. achieve energy security, sustainability, and national security goals 🇺🇸 Huge thanks to @RiotPlatforms @MarathonDH @CleanSpark_Inc @CrusoeEnergy @coinmynt @CipherInc @Hut8Corp @ArgoBlockchain @Auradine_Inc
@DigitalPowerUS
Digital Power Network
6 months
Yesterday, @DigitalPowerUS and our members came to Capitol Hill to showcase Bitcoin mining's potential to catalyze renewable energy projects and drive sustainable energy solutions.   #Bitcoin mining is driving renewable energy and sustainability, and we advocated for policies to
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@taylorjbarr
Taylor Barr
3 months
No better way to celebrate the 4th than protecting the constitutional rights of 50 million crypto users 🛡️🇺🇸
@CodyCarboneDC
Cody Carbone
3 months
Happy Fourth of July! 🇺🇸 Yesterday, @DigitalChamber filed an amicus brief in support of @custodiabank standing up against the unconstitutional actions of the @federalreserve in denying them a master account.
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@taylorjbarr
Taylor Barr
7 months
Thank you @MarathonDH team for hosting us at tonight’s Powering Africa Summit Dinner! #Bitcoin mining is already beginning to unlock the economic potential of Africa’s stranded energy assets…more to come!
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@taylorjbarr
Taylor Barr
1 year
Awesome article from @aubreystrobel explaining why Barbie would have been a fan of Bitcoin 💗 💅🏻
@aubreystrobel
Aubrey Strobel
1 year
Bitcoin is ‘Big Barbie’ Energy My latest article for @CoinDesk . Enjoy 💅
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@taylorjbarr
Taylor Barr
7 months
@EleanorTerrett
Eleanor Terrett
7 months
🚨SCOOP: The $BTC miners are also using the courts to fight the Biden administration. Bitcoin miner @RiotPlatforms alongside industry groups @TXblockchain and @DigitalChamber have filed a civil action against @ENERGY , @EIAgov and @OMBPress in order to halt what they call the
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@taylorjbarr
Taylor Barr
3 months
🚨SAB 121 Vote Breakdown Vote today on overturning @POTUS veto failed 228-184 (2/3 majority needed) YES flipped to NO Phillips Sherrill Veasey Ferguson NO flipped to YES Jackson (IL) Khanna Suozzi Thanedar YES originally but not voting today Moskowitz
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@taylorjbarr
Taylor Barr
1 year
🚨NEW: @PatrickMcHenry @ElectFrench @RepHuizenga send letter to Fed Chair Powell “objecting to the Fed’s efforts to undermine Congress’ progress on legislation to establish a regulatory framework for payment stablecoins through recent supervision and regulation letters.”
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@taylorjbarr
Taylor Barr
11 months
@CodyCarboneDC Expect the SEC’s failure to comply with the CRA to come up in Thursday’s @FinancialCmte hearing titled “Examining the SEC’s Agenda”
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@taylorjbarr
Taylor Barr
11 months
🚨NEW: @FinancialCmte is postponing the scheduled hearings for this week No word yet on why these have been postponed, stay tuned! CC: @EleanorTerrett @TheSiliconHill @CapHillCrypto @blockchaintpsht
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@taylorjbarr
Taylor Barr
2 months
🔔This week, the House will pass the Financial Services Appropriations package for 2025. This funds agencies like @SECGov , @USTreasury , @FTC , @FDICgov etc. Friendly reminder that there’s sections on: 1) Barring the @SECGov from using funds to enforce SAB 121 2) Limiting the
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@taylorjbarr
Taylor Barr
2 months
Before Congress breaks for August recess, @DigitalChamber members are on the Hill today to make the make the national security case for blockchain tech 🇺🇸 Scary fact learned today: Iowa only has TWO law enforcement officers trained to use blockchain technology. The Senate must
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@taylorjbarr
Taylor Barr
8 months
📢 @DigitalPowerUS has filed a FOIA request re: @EIAgov ’s targeted collection of #Bitcoin miners We aim to hold the administration accountable for their clear intentions to destroy the viability of #bitcoin mining operations in the U.S. 🇺🇸 Stay tuned!
@DigitalPowerUS
Digital Power Network
8 months
The EIA's recent actions unfairly target #Bitcoin miners @DigitalPowerUS has taken action by filing a FOIA request for transparency regarding the EIA's data collection practices toward #Bitcoin miners With the administration's public acknowledgment of its efforts to impede
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@taylorjbarr
Taylor Barr
5 months
The magic of @DigitalChamber ’s Blockchain Education Day ✨ Couldn’t have picked a more historic day to have more than 100 advocates come to Capitol Hill and talk the benefits of passing digital asset legislation! 📢 Power in Numbers 📢
@jameslavish
James Lavish
5 months
Just met @CynthiaMLummis on the street in DC right after the vote, a well deserved smile on her face, and she reiterated: “our work here has just begun.” Congratulations Senator, and thank you for your tireless work for the industry.
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@taylorjbarr
Taylor Barr
11 months
🚨NEW: Bipartisan letter by @PatrickMcHenry and @RepRitchie calls on the IRS to rewrite their proposal on digital asset reporting requirements. As written, the proposal has: 1) an overly broad definition of a digital asset “Broker” 2) an insufficient definition of a
@FinancialCmte
Financial Services GOP
11 months
#NEW : Chairman @PatrickMcHenry and @RepRitchie led a bipartisan letter urging treasury to revise proposed regulations for digital asset tax reporting requirements. Read more 🔗
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@taylorjbarr
Taylor Barr
5 months
Crypto is increasingly less partisan and yesterday’s vote is proof of the shifting tides 🌊
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@taylorjbarr
Taylor Barr
6 months
This morning @btcpolicyorg Sen. Gillibrand ( @SenGillibrand ) called stablecoin legislation a “logical first step” and says bill text will be released in a few weeks. This comes one day after @SenWarren wrote to @PatrickMcHenry + @RepMaxineWaters about her concerns on the bill
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@taylorjbarr
Taylor Barr
11 months
🚨NEW: @SenRickScott introduces the Chinese CBDC Prohibition Act to prohibit money services businesses from engaging in any transaction that involves a Chinese issued CBDC (newly-announced Digital Yuan) @SenTedCruz + @MarshaBlackburn have already joined on @RepBlaine has
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@taylorjbarr
Taylor Barr
7 months
Huge thank you to @RepWileyNickel for hosting today’s crypto briefing for democrats Fantastic to see members recognize crypto is non-partisan and here to serve all! Shout out to @RepDarrenSoto @RepCaraveoMD @RepDanGoldman @RepMoskowitz @SethMagaziner for joining today’s
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@taylorjbarr
Taylor Barr
2 months
I don’t care about your politics — this is a big step in the right direction @SenSchumer just finished discussing how to keep U.S. leadership in #crypto Schumer says he’s going to help push crypto legislation over the finish line before the end of the year
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@taylorjbarr
Taylor Barr
6 months
Supporting American #Bitcoin mining = supporting America’s energy security 🇺🇸
@DaveMcCormickPA
Dave McCormick
6 months
Today, I visited an amazing Pennsylvania success story at @Stronghold_DM ’s Panther Creek Plant. This 20-year-old power plant was originally used in support of the anthracite mining industry in Nesquehoning. Now, this power generation facility & bitcoin mining operation is
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@taylorjbarr
Taylor Barr
1 year
Beyond lawmakers, who’s supporting @SenWarren ’s anti-crypto bill? Who’s helping her grow her coalition? Here’s the list of endorsements on the bill: @bankpolicy @AARP @ncl_tweets @NCLC4consumers @MCSheriffs + Massachusetts Bankers Association, Massachusetts Sheriffs’
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@taylorjbarr
Taylor Barr
4 months
At today’s @FinancialCmte tokenization hearing, @RepWileyNickel takes a moment to ask @GaryGensler to rescind SAB 121 “ @GaryGensler is putting Biden in a difficult position” on SAB 121 said Rep. Nickel It’s clear: despite a veto, Congress will continue to use all tools to
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@taylorjbarr
Taylor Barr
4 months
🚨NEW: @POTUS issues Statement of Administration Policy (SAP) on FIT21 What’s missing? A threat to veto the bill
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@taylorjbarr
Taylor Barr
11 months
Thank you @SenLummis for both for correcting the record AND coming with a workable legislative solution:
@SenLummis
Senator Cynthia Lummis
11 months
An inaccurate report last week claimed Hamas raised nearly $100 million via crypto assets. In reality, it was less than $500,000. This encapsulated the misconception that crypto is a tool for illicit finance when it accounts for less than 1% of global illicit finance activity.
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@taylorjbarr
Taylor Barr
1 month
👀 @WileyNickel mentioned “Crypto4Harris” to @KamalaHarris today on the tarmac
@WileyNickel
Rep. Wiley Nickel 🇺🇸
1 month
It was great to meet @KamalaHarris on the tarmac as she touched down in North Carolina, and now we’re on our way to Raleigh for her big address about how she’ll lower costs for NC families. Doing the work!
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@taylorjbarr
Taylor Barr
1 year
We are live for another day of Digital Asset hearings! Today is @FinancialCmte ’s turn to discuss pathways to digital asset regulation. Tune in here:
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@taylorjbarr
Taylor Barr
5 months
SAB 121 made it untenable for banks to custody crypto, leaving consumers scrambling to find secure storage of their hard-earned assets Thank you @USRepMikeFlood for leading the charge to hold @SECGov and @GaryGensler accountable for harms to consumer protections #RepealSAB121
@USRepMikeFlood
Rep. Mike Flood
5 months
This week: The House will vote on my proposed repeal of @GaryGensler 's SAB 121. It's time to pass H.J. Res. 109! #RepealSAB121
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@taylorjbarr
Taylor Barr
11 months
In case you missed it: Today, the House voted to adopt @GOPMajorityWhip ’s amendment to the Financial Services Appropriations package. Emmer’s amendment prevents funds from the bill going to @SECGov ’s enforcement actions on crypto transactions.
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@taylorjbarr
Taylor Barr
6 months
Bill text here:
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@taylorjbarr
Taylor Barr
6 months
Thank you @RepWileyNickel for taking time in today’s hearing to clear the record: crypto transactions used for ransomeware are NOT anonymous or untraceable. In fact, it’s the opposite. Blockchain tech offers enhanced tracking/tracing capabilities unlike legacy financial
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@taylorjbarr
Taylor Barr
1 year
Gensler: “Given this industry’s wide-ranging noncompliance with the securities laws, it’s not surprising that we’ve seen many problems in these markets.” Without clear rules of the road and notable regulatory gaps, it's not noncompliance. It's navigating uncharted waters.
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@taylorjbarr
Taylor Barr
7 months
. @SenLummis orange pilling a reporter in a Senate elevator is exactly what I needed today
@metzgov
bryan metzger
7 months
Was just in a Senate elevator when Sen. Cynthia Lummis (R-WY) stepped in, exclaimed unprompted that Bitcoin is worth $72,000 today, and then asked Siri to confirm for her. I remarked that she “has a lot of Bitcoin, right?” and she told me she only has 5 Bitcoins.
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@taylorjbarr
Taylor Barr
11 months
🚨RESCHEDULED: @FinancialCmte announced the previously postponed Financial Institutions & Monetary Policy Subcommittee hearing titled “The Tangled Web of Global Governance: How the Biden Administration is Ceding Authority Over American Financial Regulation“ is back on next
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@taylorjbarr
Taylor Barr
7 months
FYI no mention of crypto in @federalreserve Chair Powell's opening for today's @FinancialCmte hearing (no surprise here) Notably, he does say that he believes the Fed's "policy rate is likely at its peak for this tightening cycle."
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@taylorjbarr
Taylor Barr
1 year
Cool fact: @DigitalChamber met, in person, with 25 congressional offices this past month to help educate members and staff on the importance of filling regulatory gaps in the digital asset ecosystem. Proud to be a part of such a great team!
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@taylorjbarr
Taylor Barr
2 months
During today’s @FinancialCmte hearing on AI innovation, @BradSherman raised concerns that “crypto will allow us to see everything and understand nothing”. 😬try telling that to @trmlabs , @chainalysis , @Solidus_Labs , @nansen_ai , @elliptic , @MerkleScience , @CrystalPlatform etc…
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