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Hearing Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026 · Transcript · 24 transcript matches
SMITH, JASON "in years, which highlights the importance and complexity of digital asset taxation. The digital asset status quo is untenable. America needs clear tax rules of the road to remain the crypto capital of the world. Recent data indicate that a quarter of Americans, or over 67 million people, own cryptocurrency. That's a dramatic increase from only 3% at the start of this decade. Nearly a quarter of cryptocurrency holders earn less than $75,000. And the average crypto holder is nearly as likely to work in construction, manufacturing, or food service as tech or finance. Crypto owners live in every..."
Hearing Hearings to examine the nomination of Todd Blanche, of Florida, to be Attorney General.
senate Judiciary Committee · Jul 15, 2026 · Transcript · 15 transcript matches
DURBIN, RICHARD J. "And again it has happened when it comes to the billion-dollar windfall that went to the President in his first year in office. Shortly after you were confirmed as Deputy Attorney General, you issued an order dismantling DOJ's crypto enforcement team and shutting down ongoing criminal investigations of the crypto industry. At the time, you owned at least $159,000 worth of crypto-related assets. While you eventually divested, those assets didn't go far. With the crypto-enforcement unit out of the way, President Trump brought in $1.4 billion In April 2024, the founder of the crypto company..."
Hearing Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026 · Transcript · 13 transcript matches
SPEAKER_18 "What does the industry look like 5, 10 years from now? spend a lot of time on crypto, and I know this isn't crypto, but there's a dozen plus stable coin companies out there. Someday, am I going to walk into a 7-Eleven and choose between Bill's stable coin and Joe's stable coin and American Express stable coin? Is that the future of fragmentation? Or is this going to collapse down into a couple of payment"
Hearing The Federal Reserve's Semi-Annual Monetary Policy Report
house Financial Services Committee · Jul 14, 2026 · Transcript · 10 transcript matches
WATERS, MAXINE "regulators mandating the White House must now review and approve regulatory rules put forward by banking regulators, including the Fed, except when it comes to monetary policy, and instead of focusing on the job Americans elected him to do, the President grossly profiting off of his position to the extent the President and other executive branch officials now have a say in regulations in the Fed issues. Chair Walsh, should those officials be prohibited from owning any businesses where they have a role in regulating them, whether it is crypto company or bank or anything else, yes or no? So,..."
Hearing Converging Criminal Enterprises: Chinese Money Laundering Networks and Cartel Financing in the U.S. Financial System
house Oversight and Investigations Subcommittee · Jun 9, 2026 · Transcript · 8 transcript matches
MR. JOHN CASSARA "and money, as I said in my testimony, is not moving like it once did. The illicit funds stay in place. So since they're not moving, we can't capture it and there's little or no financial intelligence reporting on it. Crypto is another topic altogether but generally speaking, yes, it's much more difficult for law enforcement to follow the money when it comes to crypto, although we're making progress in that regard. Thank you for the"
Hearing Hearings to examine China's toll on older Americans' health, finances, and security.
senate Aging (Special) Committee · Jun 17, 2026 · Transcript · 5 transcript matches
SPEAKER_08 "The things that they were doing five years ago doesn't touch the types of approaches they're using now in terms of voice, voice alterations, and other intricate ways of getting at people's personal histories, bringing them aboard, and doing the pig butchering that my colleague was talking about in her testimony. So, China has a very interesting mentality towards crypto and the broader crypto universe. Technically, crypto is banned in the mainland, but Hong Kong, which is obviously China as well at this point, is a hotbed of crypto innovation. And I think it's the mindset of the policymakers..."
Hearing “Online Scams, Crypto Fraud, and Digital Extortion: An Examination of How Transnational Criminal Networks Target Americans”
house Border Security and Enforcement Subcommittee · Apr 21, 2026 · Request transcript
Hearing Making America the Crypto Capital of the World: Ensuring Digital Asset Policy Built for the 21st Century
house Oversight Subcommittee · Jul 16, 2025 · Request transcript
Hearing Operation Choke Point 2.0: The Biden Administration’s Efforts to Put Crypto in the Crosshairs
house Oversight and Investigations Subcommittee · Feb 6, 2025 · Request transcript
Testimony SPEAKER_08
Hearings to examine China's toll on older Americans' health, finances,...
senate Aging (Special) Committee · Jun 17, 2026
"The things that they were doing five years ago doesn't touch the types of approaches they're using now in terms of voice, voice alterations, and other intricate ways of getting at people's personal histories, bringing them aboard, and doing the pig butchering that my colleague was talking about in her testimony. So, China has a very interesting mentality towards crypto and the broader crypto universe. Technically, crypto is banned in the mainland, but Hong Kong, which is obviously China as well..."
Witness Alison Mangiero
Crypto Council for Innovation · 1 hearing
Witness Ji Hun Kim
Crypto Council for Innovation · 1 hearing
Hearing Hearings to examine the Consumer Financial Protection Bureau Semi-Annual Report, focusing on a new day at the CFPB through reform.
senate Banking, Housing, and Urban Affairs Committee · Jul 16, 2026 · Transcript · 4 transcript matches
RICKETTS, PETE "giant organization that is trying to oversee all of this. We need the organizations that are responsible for this to do their jobs. The CFPB is just another added layer of bureaucracy on top of regulatory organizations who are responsible for doing this. I want to take the example of crypto kiosk ATM scams. The state of Nebraska and 28 other states have passed laws to protect consumers on this and combat those. In Nebraska from September of 2025 till June of 2026, the Banking Department of Banking- the Nebraska Department of Banking returned $325,000 back to consumers in our state stemming..."
Hearing From Wall Street to Main Street: The Future of How America Invests
house Capital Markets Subcommittee · Jun 25, 2026 · Transcript · 4 transcript matches
SHERMAN, BRAD "at a hearing or subcommittee hearing that has nothing to do with crypto. Under capitalism, if you, through the sweat of your brow and your frugality, you accumulate"
Testimony DURBIN, RICHARD J.
Hearings to examine the nomination of Todd Blanche, of Florida, to be ...
senate Judiciary Committee · Jul 15, 2026
"And again it has happened when it comes to the billion-dollar windfall that went to the President in his first year in office. Shortly after you were confirmed as Deputy Attorney General, you issued an order dismantling DOJ's crypto enforcement team and shutting down ongoing criminal investigations of the crypto industry. At the time, you owned at least $159,000 worth of crypto-related assets. While you eventually divested, those assets didn't go far. With the crypto-enforcement unit out of the..."
Testimony SPEAKER_08
Hearings to examine the nomination of Todd Blanche, of Florida, to be ...
senate Judiciary Committee · Jul 15, 2026
"Are you talking about the fraud that we have prosecuted? I mean, Chairman, on the crypto point, our crypto prosecutions are way up, and it is very true that crypto fraud is a thing, and it's still happening. But getting rid of a task force of a bunch of lawyers in Washington, D.C., did nothing more than empower AUSAs around the country to bring cases, which is what they've done. So I'm proud of the work that we're doing in that space, and we'll continue to do"
Hearing Hearings to examine the nomination of Michael Selig, of Florida, to be a Commissioner of the Commodity Futures Trading Commission.
senate Agriculture, Nutrition, and Forestry Committee · Nov 19, 2025 · Transcript · 3 transcript matches
KLOBUCHAR, AMY "What's your view on the importance of preserving the voices of minority commissioners and will you advocate for the nomination and appointment of a full board including two Democratic commissioners at the CFTC? So in addition to the crypto, thank you, the crypto coming your way, the kind of volatility that we've seen in the ag markets and the like, there's also been growing interest in expanding derivatives market trading hours potentially even to 24-7 trading. If the commission begins to allow extended trading hours, what guardrails do you believe we need to protect investors and prevent..."
Hearing Hearings to examine the Semiannual Monetary Policy Report to the Congress.
senate Banking, Housing, and Urban Affairs Committee · Jul 15, 2026 · Transcript · 2 transcript matches
WARREN, ELIZABETH "President Trump likes to play king, and the Fed offers many appealing opportunities for the president to enrich himself while he fleeces the American people. Start with crypto. Trump's family crypto company is World Liberty Financial, the centerpiece of the crypto enterprise Trump's family crypto company is World Liberty Financial, the centerpiece of the crypto"
Hearing Hearings to examine the affordability agenda.
senate Banking, Housing, and Urban Affairs Committee · Jun 23, 2026 · Transcript · 2 transcript matches
WARREN, ELIZABETH "Trump doesn't care about hardworking Americans. He cares about making himself richer by cutting crypto deals and making thousands of stock transactions with companies whose value he can boost with deregulatory policies or giant government contracts. Trump's billionaire friends are along for the"
Testimony SPEAKER_04
Hearings to examine China's toll on older Americans' health, finances,...
senate Aging (Special) Committee · Jun 17, 2026
"And to add on to that, sir, if you'll permit me, one other thing that we have witnessed is that whenever these scam centers are directed towards Chinese citizens, there is this sort of surprising ability to turn that off and target it. And so, again, it's not a direct linkage or evidence, but it is sort of an associated linkage that we've noticed. Yeah, so one thing to add to that, sir, and again, this isn't… We haven't issued this as a formal recommendation or committee product yet, but one of..."
Testimony RICKETTS, PETE
Hearings to examine the Consumer Financial Protection Bureau Semi-Annu...
senate Banking, Housing, and Urban Affairs Committee · Jul 16, 2026
"giant organization that is trying to oversee all of this. We need the organizations that are responsible for this to do their jobs. The CFPB is just another added layer of bureaucracy on top of regulatory organizations who are responsible for doing this. I want to take the example of crypto kiosk ATM scams. The state of Nebraska and 28 other states have passed laws to protect consumers on this and combat those. In Nebraska from September of 2025 till June of 2026, the Banking Department of..."
Testimony WARREN, ELIZABETH
Hearings to examine the Semiannual Monetary Policy Report to the Congr...
senate Banking, Housing, and Urban Affairs Committee · Jul 15, 2026
"President Trump likes to play king, and the Fed offers many appealing opportunities for the president to enrich himself while he fleeces the American people. Start with crypto. Trump's family crypto company is World Liberty Financial, the centerpiece of the crypto enterprise Trump's family crypto company is World Liberty Financial, the centerpiece of the crypto"
Testimony WATERS, MAXINE
The Federal Reserve's Semi-Annual Monetary Policy Report
house Financial Services Committee · Jul 14, 2026
"regulators mandating the White House must now review and approve regulatory rules put forward by banking regulators, including the Fed, except when it comes to monetary policy, and instead of focusing on the job Americans elected him to do, the President grossly profiting off of his position to the extent the President and other executive branch officials now have a say in regulations in the Fed issues. Chair Walsh, should those officials be prohibited from owning any businesses where they have..."
Testimony SPEAKER_18
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"What does the industry look like 5, 10 years from now? spend a lot of time on crypto, and I know this isn't crypto, but there's a dozen plus stable coin companies out there. Someday, am I going to walk into a 7-Eleven and choose between Bill's stable coin and Joe's stable coin and American Express stable coin? Is that the future of fragmentation? Or is this going to collapse down into a couple of payment"
Testimony SMITH, JASON
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"in years, which highlights the importance and complexity of digital asset taxation. The digital asset status quo is untenable. America needs clear tax rules of the road to remain the crypto capital of the world. Recent data indicate that a quarter of Americans, or over 67 million people, own cryptocurrency. That's a dramatic increase from only 3% at the start of this decade. Nearly a quarter of cryptocurrency holders earn less than $75,000. And the average crypto holder is nearly as likely to..."
Testimony SMITH, JASON
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"burdens in others. Second, digital assets do not receive the tax benefits nor the protection from anti-abuse rules long granted to traditional financial assets. The imbalance between digital assets and traditional financial assets creates a two-tier system that unintentionally favors certain assets over others. Third, crypto owners face burdensome tax compliance that makes using digital assets in ordinary commerce almost impossible. 31% of crypto owners would like to buy a cup of coffee at the..."
Testimony DOGGETT, LLOYD
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"Thank you. Mr. Karcher, am I correct from your testimony that the mining and staking legislation before us does not even the playing field for crypto, but it gives it special tax advantages? And is there any doubt that, as you pointed out, not just this legislation, but combined with the Clarity Act legislation that the crypto industry has invested literally tens of millions of dollars to gain approval for, that the goal is to strengthen and expand the crypto industry? And is there any doubt..."
Testimony DOGGETT, LLOYD
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"Would you just walk us through how crypto could become kryptonite for our economy? As you know, one of the big players, after having condemned crypto years ago in crypto, is President Trump and the Trump family. The Wall Street Journal has indicated that World Liberty Financial, just one of the family's crypto ventures, has put at least $1.2 billion in cash into the Trump"
Testimony MR. JOHN CASSARA
Converging Criminal Enterprises: Chinese Money Laundering Networks and...
house Financial Services Committee · Jun 9, 2026
"and money, as I said in my testimony, is not moving like it once did. The illicit funds stay in place. So since they're not moving, we can't capture it and there's little or no financial intelligence reporting on it. Crypto is another topic altogether but generally speaking, yes, it's much more difficult for law enforcement to follow the money when it comes to crypto, although we're making progress in that regard. Thank you for the"
Testimony MILLER, MAX L.
Hearing with Treasury Secretary Scott Bessent
house Ways and Means Committee · Jun 4, 2026
"This has been one of the tougher subject matters that we've discussed on the committee because I believe that this country for a long time has been stuck in the analog era, and we are now in the digital age. And, you know, this framework altogether just provides guidelines and stability for the cryptocurrency network within our country. And I appreciate, you know, you saying you'll work with us, but I truly believe now is the right time for this with President Trump and the Federal Crypto..."
Testimony THE HONORABLE PAMELA BONDI
“Oversight of the Department of Justice”
house Judiciary Committee · Feb 11, 2026
"Thank you. Your colleague, Senator Neguse, didn't want to talk about crypto because he said I was a disgrace talking about crypto, because he didn't want to talk about the tremendous crime in his jurisdiction. He voted no on preventing violence against women by illegal"
Testimony SEWELL, TERRI A.
Foreign Influence in American Non-profits: Unmasking Threats from Beij...
house Ways and Means Committee · Feb 10, 2026
"Why is this committee not providing oversight over Trump's crypto dealings? It has been widely reported that President Trump and his business partners have set up a crypto scheme that allows foreigners to buy the Trump family's crypto coins in order to influence federal policy. For example, Reuters reported last summer that a United Arab Emirates investment firm announced a $2 billion investment in Trump's"
Testimony KLOBUCHAR, AMY
Hearings to examine the nomination of Michael Selig, of Florida, to be...
senate Agriculture, Nutrition, and Forestry Committee · Nov 19, 2025
"What's your view on the importance of preserving the voices of minority commissioners and will you advocate for the nomination and appointment of a full board including two Democratic commissioners at the CFTC? So in addition to the crypto, thank you, the crypto coming your way, the kind of volatility that we've seen in the ag markets and the like, there's also been growing interest in expanding derivatives market trading hours potentially even to 24-7 trading. If the commission begins to allow..."
Testimony MICHAEL SELIG
Hearings to examine the nomination of Michael Selig, of Florida, to be...
senate Agriculture, Nutrition, and Forestry Committee · Nov 19, 2025
"these statutes, so I'm really excited for you all to get the legislation done, and I think Senator, yes, I think one of the benefits of having spent many years in private practice working with digital asset firms and then working as Chief Counsel at the Crypto Task Force at the SEC has been that I've seen and met with many of these crypto businesses, understand both the good and the bad, and what we need to do to make sure that we're protecting our investors. Senator, thank you. And I do look..."
Testimony WARNOCK, RAPHAEL G.
Hearings to examine the nomination of Michael Selig, of Florida, to be...
senate Agriculture, Nutrition, and Forestry Committee · Nov 19, 2025
"We are currently negotiating this legislation, and many of us who are engaged in these negotiations have called for a provision that commissioners from both parties be appointed for the CFTC to implement any crypto legislation through new rules or regulations. And when I speak to leaders in the crypto industry, they tell me that it's critical to them that crypto laws and regulations have bipartisan support. This is what we're hearing from the industry. So do you agree that having bipartisan..."
Hearing Hearing with Treasury Secretary Scott Bessent
house Ways and Means Committee · Jun 4, 2026 · Transcript
MILLER, MAX L. "This has been one of the tougher subject matters that we've discussed on the committee because I believe that this country for a long time has been stuck in the analog era, and we are now in the digital age. And, you know, this framework altogether just provides guidelines and stability for the cryptocurrency network within our country. And I appreciate, you know, you saying you'll work with us, but I truly believe now is the right time for this with President Trump and the Federal Crypto Reserve and him wanting, you know, the United States to be the crypto capital. My concern is, is that if..."
Hearing “Oversight of the Department of Justice”
house Judiciary Committee · Feb 11, 2026 · Transcript
THE HONORABLE PAMELA BONDI "Thank you. Your colleague, Senator Neguse, didn't want to talk about crypto because he said I was a disgrace talking about crypto, because he didn't want to talk about the tremendous crime in his jurisdiction. He voted no on preventing violence against women by illegal"
Hearing Foreign Influence in American Non-profits: Unmasking Threats from Beijing and Beyond
house Ways and Means Committee · Feb 10, 2026 · Transcript
SEWELL, TERRI A. "Why is this committee not providing oversight over Trump's crypto dealings? It has been widely reported that President Trump and his business partners have set up a crypto scheme that allows foreigners to buy the Trump family's crypto coins in order to influence federal policy. For example, Reuters reported last summer that a United Arab Emirates investment firm announced a $2 billion investment in Trump's"
Hearing Hearings to examine the nominations of Francis Brooke, of Virginia, to be Deputy Secretary, Erin Browne, of New York, to be an Under Secretary,...
senate Finance Committee · Jul 16, 2026 · Transcript
WARNER, MARK R. "I want this done. I am tired of being in crypto hell. But we've got to do it in a way that doesn't make this circumstance worse. I want America to lead in digital"
Hearing A New Beginning for Colombia
house Western Hemisphere Subcommittee · Jul 15, 2026 · Transcript
THE HONORABLE F. WEILAND "opportunities to ensure that Colombia takes over more of the financial responsibility for that program, but also perhaps grow the fleet, as I mentioned earlier. In the China space, you're absolutely right that China is a threat. Inside Colombia, we see that in the PRC-linked networks, finance networks. INL is in the process of deploying some forensic tools that would allow for money laundering to be better detected. We're also involved in developing tools that would allow for crypto seizures. Most recently, I'd point to INL working together with Colombia seizures. Most recently, I'd point to..."
Hearing FY27 BIS Budget: the AI Arms Race and the ICTS Office
house Foreign Affairs Committee · Jul 14, 2026 · Transcript
KAMLAGER-DOVE, SYDNEY "reportedly netting Trump $263 million. In May of 2025, World Liberty Financial announced that its new stable coin, USD1, would be used by Abu Dhabi investment firm MGX to finance a $2 billion investment in crypto exchange company Binance. And who is the chairman of MGX? That same UAE Royal National Security Advisor who bought 49% stake in World Liberty Financial. Now we have your announcement easing export controls on, you guessed it, the United Arab Emirates, who now stands to gain access to frontier AI chips. So I have to ask you, Secretary, have you or Secretary Lutnick had any"
Hearing H.R. 9496, H.R. 9500, H.R. 9498, H.R. 9501, H.R. 9499, H.R. 7972, H.R. 9504
house Ways and Means Committee · Jul 1, 2026 · Transcript
SEWELL, TERRI A. "Furthermore, President Trump just made a corrupt deal with his own DOJ and IRS to ensure that his family, his businesses are immune from IRS audits forever. Just this week, we learned that President Trump made more than $1 billion from crypto since he took office last year, while everyday working families are struggling to pay for higher grocery prices as well as gas prices and skyrocketing health care costs. But President Trump and his wealthy friends don't have to worry because they know that the IRS will not be coming after"
Hearing Safeguarding Federal Research Funds: The False Claims Act's Role in Combating Grant Fraud
house Investigations and Oversight Subcommittee · Jun 24, 2026 · Transcript
LOFGREN, ZOE "It's no exaggeration to say that during the Trump administration, the fraud is coming from inside the House. It's hard to even comprehend the levels of graft emanating from the highest levels of our government, crypto schemes, kickback deals, politically connected equity stakes, the list goes on and on. Two weeks ago, the Secretary of Energy appeared to mislead this committee by claiming that partisan politics played no role in award terminations, while the Department of Justice at nearly the exact same moment was admitting again in federal court that the terminations that the terminations..."
Hearing Subcommittee Markup of Eight Pieces of Legislation
house Energy Subcommittee · Jun 24, 2026 · Transcript
TONKO, PAUL "I appreciate the committee for taking up this bill, including Ranking Member Castor's leadership. We should be doing whatever necessary to protect residential ratepayers from undue system costs imposed by large loads, especially data centers and crypto mining facilities. A PURPA 111D amendment is a good first step, but I do not think we should stop"
Hearing Various Measures
house Foreign Affairs Committee · Jun 9, 2026 · Transcript
KAMLAGER-DOVE, SYDNEY "national security advisor after that same individual purchased a 49% stake in Trump's crypto company or the fact that in Miami Last year Jared Kushner and Steve Whitcock drafted a 28-point peace plan for Ukraine With Putin adviser Kirill Dmitriev that prioritized Russia's conditions for ending the war Why? Because Dmitriev reportedly promised Kushner and Whitcoff billions of dollars worth of business opportunities for US companies in Russia And that's not to mention the steady drip drip drip of reporting about Venezuelan oil and mining contracts being awarded to companies run by Trump donors..."
Hearing A Golden Age of Digital Assets: Charting a Path Forward
house Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee · Feb 11, 2025 · Request transcript
Witness: Ji Hun Kim, Crypto Council for Innovation
Testimony TUBERVILLE, TOMMY
Hearings to examine China's toll on older Americans' health, finances,...
senate Aging (Special) Committee · Jun 17, 2026
"Are they as much complicit? Mr. Miller, it seems like we're either denying it or agreeing with it that China is ahead of us in crypto. What's the consequences of that if we don't adjust one way or the"
Testimony SPEAKER_01
Hearings to examine China's toll on older Americans' health, finances,...
senate Aging (Special) Committee · Jun 17, 2026
"And so I was very excited about this hearing today because I think so many older Americans are paying the price for Communist China's predatory actions. One of the things I have particular familiarity with as Florida's Attorney General was the scams that use technology, some involved crypto. We would often have to go overseas to shut down websites and other types of things. And it really became obvious quickly that we did not have within the local"
Testimony DURBIN, RICHARD J.
Hearings to examine the nomination of Todd Blanche, of Florida, to be ...
senate Judiciary Committee · Jul 15, 2026
"president, an attorney general focused on keeping America safe and combating corruption, not satisfying the president's personal grievances or channeling crypto cash to the administration's mega faithful. Mr. President, Mr. Chairman, I"
Testimony HIRONO, MAZIE K.
Hearings to examine the nomination of Todd Blanche, of Florida, to be ...
senate Judiciary Committee · Jul 15, 2026
"Mr. Blanche, one of your first acts as a Deputy Attorney General was to issue a memo eviscerating DOJ's enforcement work against crypto criminals. Crypto crime surged in 2025. Crypto crime surged in 2025. Mr. Blanche, are you aware that Americans reported over $11 billion in crypto fraud losses to the FBI last"
Testimony SPEAKER_08
Hearings to examine the nomination of Todd Blanche, of Florida, to be ...
senate Judiciary Committee · Jul 15, 2026
"Yes. I'm doing it under oath right now. No, no. The fact is, no. It does not exist. Crypto enforcement is way up compared to a year and a half ago, so I didn't eviscerate anything. To the contrary, actually. We empowered AUSAs around the country to go after criminals in the right circumstances, and we continue to do"
Testimony HIRONO, MAZIE K.
Hearings to examine the nomination of Todd Blanche, of Florida, to be ...
senate Judiciary Committee · Jul 15, 2026
"Mr. Blanche, are you aware that Americans reported over $11 billion in crypto fraud losses to the FBI last year? I take it you are not aware that there were reports of over $11 billion in crypto fraud reported to the FBI. That was my question. No, I'm talking about the $11 billion worth of crypto crime. The fact is that we, crypto enforcement, you eviscerated that work that your department is supposed to be doing. And so anyway, Mr. Blanche, when you issued your memo ending crypto crime..."
Testimony SCHIFF, ADAM B.
Hearings to examine the nomination of Todd Blanche, of Florida, to be ...
senate Judiciary Committee · Jul 15, 2026
"Let me ask you this. Does this tax agreement, this addendum you signed, also hold him harmless from any audit or tax liability with respect to the billions in crypto money he made in his first year as president? But before that"
Testimony WARREN, ELIZABETH
Hearings to examine the Consumer Financial Protection Bureau Semi-Annu...
senate Banking, Housing, and Urban Affairs Committee · Jul 16, 2026
"Thank you, Mr. Chairman. Donald Trump is the most corrupt president in our nation's history, not by a little bit, but by a wide margin. The president and his family are enriching themselves by billions of dollars with shady crypto ventures. Pardons are handed out to white-collar criminals like Super Sales Day at Macy's, reportedly with a $2 million price tag per"
Testimony WARREN, ELIZABETH
Hearings to examine the Consumer Financial Protection Bureau Semi-Annu...
senate Banking, Housing, and Urban Affairs Committee · Jul 16, 2026
"Just follow the money. The same group of billionaires that poured millions into Trump's political campaigns, into his ballroom, into his crypto projects, are the very same people who cheated hardworking Americans and then got a free pass from Donald Trump and Russ"
Testimony WATERS, MAXINE
The Federal Reserve's Semi-Annual Monetary Policy Report
house Financial Services Committee · Jul 14, 2026
"end, continues to hurt gas and grocery prices. Despite this pain being felt by American families, there is one family making fists full of money, the first family. The Trump family has earned more than $2 billion since Trump returned to office, primarily from new crypto ventures that Trump's administration is supposed to oversee. Yet, instead of addressing these growing conflicts of interest, Republicans are legitimatizing all of them. They blocked all efforts to stop this profiteering when..."
Testimony SHERMAN, BRAD
The Federal Reserve's Semi-Annual Monetary Policy Report
house Financial Services Committee · Jul 14, 2026
"But your predecessor did provide a liquidity function for stable, for money market funds. If God forbid we faced a similar circumstance in the crypto world, would you bail them out? You're not really answering the"
Testimony SPEAKER_18
The Federal Reserve's Semi-Annual Monetary Policy Report
house Financial Services Committee · Jul 14, 2026
"We're going to do everything we can to mitigate those sorts of extraordinary risks. If and when they were to come in the next four years, we want to be in a position where we're not bailing out anybody, including crypto. So the good news is we have a proposed capital rule that's out for comment. I'm quite interested in getting the reports and the comments on"
Testimony LYNCH, STEPHEN F.
The Federal Reserve's Semi-Annual Monetary Policy Report
house Financial Services Committee · Jul 14, 2026
"I was pleased to see that in your opening remarks you spoke to the issue of artificial intelligence. And as the ranking member on AI and crypto, I was just curious to try to tease some more of your thoughts out on that, not only in the financial services context, but AI in general. I mean, in the past, the Federal Reserve has been able to identify risks of impact to the financial system, but also in a wider context as well. And I wonder if you'd share some of your concerns about"
Testimony LYNCH, STEPHEN F.
The Federal Reserve's Semi-Annual Monetary Policy Report
house Financial Services Committee · Jul 14, 2026
"and I just worry about the broader impact of what's going on right now. There's tremendous resources, as you know, being poured into AI. I just hope that the course of regulation does not meet the same fate that the regulation of crypto did, where the crypto industry spent close to $250 million up here on Capitol Hill, where the crypto industry spent close to $250 million up here on Capitol"
Testimony GREEN, AL
The Federal Reserve's Semi-Annual Monetary Policy Report
house Financial Services Committee · Jul 14, 2026
"Look, I'm not going to prejudge you. I'm going to assume that given your statements and the latitude that the Supreme Court has given you, that you'll make the right decision, but you're going to have to be concerned about a speculative bubble, especially as it relates to crypto. This is something that we'll all have to address. I thank you very"
Testimony SPEAKER_23
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"Our time as a state trust makes me think of what Justice Brandeis noted, courageous states may serve as laboratories of economic experimentation. And thanks to the regulatory leadership of a Midwestern state, we were able to use a pioneering trust law to jumpstart the novel business of crypto custody. However, as a state trust, we still had"
Testimony SPEAKER_23
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"Our clients are institutions, including other banks, venture capital firms, private equity, crypto protocols, wealth management, sovereign wealth funds, and governments. Core to our business is custody and"
Testimony SPEAKER_23
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"and compliance with laws and regulations, and its work is ongoing. From my experience with the OCC, the agency has been rigorous in its supervision and steadfast in its obligation to apply laws and regulations to crypto banking. We are regulated on the same footing as any other bank in the OCC's portfolio, and the agency is diligently investing resources to responsibly regulate digital asset activity as this industry"
Testimony SPEAKER_01
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"Second, in exchange for such access to the public payment and banking systems, companies authorized to act like banks must provide community benefits. This means that fintech companies and crypto companies that receive special charters or banking system access should be required to help meet the needs of communities they serve through the Community Reinvestment Act or comparable obligations. The CRA is designed to ensure financial institutions help meet household, small business, and community..."
Testimony SHERMAN, BRAD
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"Thank you. This is about our 400th hearing on crypto and stablecoin. Today, we're talking about payments. But this—instead of having a hearing on how to give consumers a better deal with their debit cards and credit cards, we're having a hearing as to how we can make people in the crypto world even richer. Seems logical in that crypto provides far more in PAC money and political money than all the other institutions involved in financial services times five, perhaps times"
Testimony SHERMAN, BRAD
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"That system finances the vast majority of small businesses in our country. And as pointed out by Ms. Flynn, we have a Community Reinvestment Act so that everything in the banking system is subject to a requirement that at least some of it is spent to help disadvantaged communities. Ms. Partium, some have argued that crypto and stablecoins could divert deposits from the banking system, especially if they're able to maneuver their way around the compromise they agreed to that there wouldn't be..."
Testimony SPEAKER_01
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"actually, let me ask you to clarify that. Well, certainly one of the concerns is with the fluctuation in volatility of the crypto market that that could create, infect essentially the banking system and make it so that there are, you know, bank"
Testimony SPEAKER_16
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"I wish Brian Brooks had stayed at the OCC and more could make it. It served as a narrow window for Anchorage. But obviously, there was this big war on crypto. You look at innovation. What are your thoughts on how do we have a permissionless future and people being able to use an account Thank you for getting to that. Self-custody is important. And I'd ask anyone to respond further in writing. My time's expired. And I now recognize the ranking member of our task force on monetary policy, Mr...."
Testimony WATERS, MAXINE
Future of Payments: Promoting Innovation and Fair Markets
house Financial Services Committee · Jun 24, 2026
"Flynn, can we all trust financial companies to do the right thing with little or no supervision, or do we need a strong functioning CFPB doing its job to hold large payment providers accountable, whether they're banks or fintechs or crypto companies, and enforce our consumer protection laws for the benefit of consumers? I could answer that question without asking"
Testimony SMITH, JASON
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"framework for digital asset taxation. The eight bills and discussion drafts we are examining today offer solutions to major challenges of clarity, parity, and administration of the tax code. The first bill we will examine lowers the tax burden on ordinary digital asset owners by excluding the small amount of gain or loss from tax reporting when a digital asset is used to pay network fees. Like when checking out at the grocery store using crypto, this bill from Representative Rudy Yaakum extends..."
Testimony SARAH REILLY
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"and administrable rules. Although the impact of tax uncertainty may have once been viewed as affecting primarily crypto-native market participants, the increasing use of blockchain technology in traditional finance has expanded its relevance. As a result, the lack of tax clarity affects not only those directly involved in the crypto space but also the financial sector at large. As a result, the lack of tax clarity affects not only those directly involved in the crypto space but also the..."
Testimony JASON SOMENSATTO
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"For several years, former Secretary of Defense Donald Rumsfeld sent the IRS a letter with his tax returns. The 2014 version read, as in prior years, I have absolutely no idea whether our tax returns and tax payments are accurate. This is amazing because I doubt Secretary Rumsfeld even used Bitcoin. Taxes are already complex. Crypto tax compliance is even harder, in part because our tax system assumes that most financial activity runs through intermediaries that can track, summarize, and report..."
Testimony JASON SOMENSATTO
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"modeled after the personal foreign currency transaction exemption. The tax code should not privilege certain types of cryptocurrencies over others. Whether someone uses stable coins like USDC or Tether or cryptocurrencies like Bitcoin, Ether, and Solana, a reasonable de minimis rule should protect taxpayers from gotcha consequences on small transactions. Second, we are encouraged by the exploration of a simplified accounting election for taxpayers who engage in high volumes of crypto..."
Testimony JASON SOMENSATTO
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"be taxed when sold or exchanged rather than when created. This approach better reflects the reality of block rewards as newly created property and fixes a fundamental mismatch between current IRS guidance and the mechanics of how these networks actually operate. In short, Congress can make crypto tax compliance simpler without creating special tax preferences. It can preserve tax enforcement while removing traps for ordinary"
Testimony SMITH, JASON
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"Digital assets can also provide instant payment for small business owners at a fraction of the cost of traditional checks or wire transfers or even traditional credit card fees. The Coinbase Institute has data that suggests one in five American adults own crypto, and 70 percent of owners make less than $100,000 per year. Mr. Slotkin, when it comes to tax policy, this committee has prioritized everyday working"
Testimony SMITH, JASON
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"Certainty is also important to ensure America remains the global digital asset leader and encourage foreign participation in our domestic markets. Mr. Somensato, how confusing is the current tax treatment of mining and staking rewards for the individual taxpayers involved, and how will addressing issues like timing and sourcing of the income derived from mining and staking enhance the ability of the U.S. to remain the crypto capital of the world? We must ensure that the IRS can administer and..."
Testimony SARAH REILLY
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"Thank you for the question, Chairman Smith. I think one thing I'd like to focus on is that just beyond your general crypto transactions, as blockchain technology proliferates, you have an increasing amount of even just general financial activity happening on blockchain as an alternative to the traditional rails of finance. So transfers of tokenized securities, transfers of stable coin, they all trigger these microtransactions of transaction fees, which results in voluminous tax reporting to..."
Testimony SMITH, ADRIAN
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"I look forward to hearing from our witnesses today in discussing how Congress can provide certainty for taxpayers while strengthening America's position as the world's leader in digital asset innovation. Ms. Riley, I noticed and was pleased that the Tax Clarity for Mining and Staking Act would establish clear sourcing rules for staking rewards, a potentially onshoring significant staking activity back to the U.S. This simple fix in the tax code will go a long way in driving growth for U.S...."
Testimony DOGGETT, LLOYD
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"Okay. And as far as effects, your written testimony lays out how the legislation that's before us could set up another multibillion-dollar taxpayer bailout of the type we had a few years ago that I opposed. Would you just walk us through how crypto could become kryptonite for our economy? As you know, one of the big players, after having condemned crypto years ago in"
Testimony DOGGETT, LLOYD
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"of the type we have had alleged against President Trump himself? And can that be accomplished in a fairly straightforward way so as not to encumber any of those who believe in crypto? Thank you very much for your testimony. I yield"
Testimony MR. MIKE KAERCHER
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"Thank you, Mr. Thompson. It's a really good and important question. This has really become a little bit of a battle of analogies, right? But let's step back for a moment and talk about what's really happening with these transactions. So miners and stakers, the validators who are receiving those rewards, what they're getting rewarded for is not for solving a complicated math problem in the case of mining or for putting up their staked crypto in the case of staking. They're getting paid in order..."
Testimony MILLER, CAROL D.
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"The digital asset market has grown rapidly over the last several years, and we are at a crucial moment where tax clarity is needed to ensure that the United States remains the crypto capital of the world. Without a clear administrable tax"
Testimony JASON SOMENSATTO
Full Committee Legislative Hearing on Digital Asset Taxation
house Ways and Means Committee · Jun 9, 2026
"And so I wouldn't, you know, necessarily say we need to change— Yes, Congresswoman. I think crypto tax has evolved over the years through notices and FAQs and enforcement actions. And so going to the gentleman's questions"
Testimony GREEN, AL
Converging Criminal Enterprises: Chinese Money Laundering Networks and...
house Financial Services Committee · Jun 9, 2026
"Thank you, Mr. Chairman. I thank the witnesses for appearing, and, of course, I thank you as well for conducting this hearing today. Mr. Chairman, it is my belief that a better title for the hearing would be Exposing Converging Machinations, President Trump's Crypto Schemes, and Facilitation of Crypto Crimes in the U.S. Financial System. Republicans, my colleagues, and Facilitation of Crypto Crimes in the U.S. Financial System. Republicans, my"
Testimony WATERS, MAXINE
Converging Criminal Enterprises: Chinese Money Laundering Networks and...
house Financial Services Committee · Jun 9, 2026
"Some of today's witnesses have highlighted the money laundering risk associated with underscoring the need for proper safeguards for the crypto industry. Yet the Trump administration, with the support of congressional Republicans, has been weakening oversight of digital"
Testimony WATERS, MAXINE
Converging Criminal Enterprises: Chinese Money Laundering Networks and...
house Financial Services Committee · Jun 9, 2026
"quote, opening the door to a new era of illicit finance, enabling America's adversaries, corrupt officials, and other bad actors to exploit the stablecoin ecosystem to launch a money war, finance corruption, and evade U.S. transactions, end quote. As a former law enforcement investigator and a banker focused on financial crime, Mr. DeTito, do you believe that crypto companies should not have to detect and report on suspected financial crime, as banks and other financial companies do? Would this..."
Testimony LICCARDO, SAM T.
Converging Criminal Enterprises: Chinese Money Laundering Networks and...
house Financial Services Committee · Jun 9, 2026
"You mentioned that an awful lot of this crime is happening where we see money transfer but no money movement. Is that right? That's particularly true with regard to crypto. So I'll just conclude by saying I'm particularly concerned to the extent that we have"
Testimony LICCARDO, SAM T.
Converging Criminal Enterprises: Chinese Money Laundering Networks and...
house Financial Services Committee · Jun 9, 2026
"So I'll just conclude by saying I'm particularly concerned to the extent that we have known Chinese nationals who control DeFi systems that are purchasing, for example, $200 million of Trump meme coin, $75 million of World Liberty Financial crypto. I don't understand why we're not in an"
Testimony STEIL, BRYAN
Converging Criminal Enterprises: Chinese Money Laundering Networks and...
house Financial Services Committee · Jun 9, 2026
"Thank you very much, Mr. Chairman. I'll just take a minute to say I am also disappointed in Chairman Gensler's unwillingness to address the crypto space, in particular the rise of meme coins. I think there was a big missed opportunity in the previous"
Testimony WARNER, MARK R.
Hearings to examine the nominations of Francis Brooke, of Virginia, to...
senate Finance Committee · Jul 16, 2026
"I want this done. I am tired of being in crypto hell. But we've got to do it in a way that doesn't make this circumstance worse. I want America to lead in digital"
Testimony THE HONORABLE F. WEILAND
A New Beginning for Colombia
house Foreign Affairs Committee · Jul 15, 2026
"opportunities to ensure that Colombia takes over more of the financial responsibility for that program, but also perhaps grow the fleet, as I mentioned earlier. In the China space, you're absolutely right that China is a threat. Inside Colombia, we see that in the PRC-linked networks, finance networks. INL is in the process of deploying some forensic tools that would allow for money laundering to be better detected. We're also involved in developing tools that would allow for crypto seizures...."
Testimony KAMLAGER-DOVE, SYDNEY
FY27 BIS Budget: the AI Arms Race and the ICTS Office
house Foreign Affairs Committee · Jul 14, 2026
"reportedly netting Trump $263 million. In May of 2025, World Liberty Financial announced that its new stable coin, USD1, would be used by Abu Dhabi investment firm MGX to finance a $2 billion investment in crypto exchange company Binance. And who is the chairman of MGX? That same UAE Royal National Security Advisor who bought 49% stake in World Liberty Financial. Now we have your announcement easing export controls on, you guessed it, the United Arab Emirates, who now stands to gain access to..."
Testimony SEWELL, TERRI A.
H.R. 9496, H.R. 9500, H.R. 9498, H.R. 9501, H.R. 9499, H.R. 7972, H.R....
house Ways and Means Committee · Jul 1, 2026
"Furthermore, President Trump just made a corrupt deal with his own DOJ and IRS to ensure that his family, his businesses are immune from IRS audits forever. Just this week, we learned that President Trump made more than $1 billion from crypto since he took office last year, while everyday working families are struggling to pay for higher grocery prices as well as gas prices and skyrocketing health care costs. But President Trump and his wealthy friends don't have to worry because they know that..."
Testimony SHERMAN, BRAD
From Wall Street to Main Street: The Future of How America Invests
house Financial Services Committee · Jun 25, 2026
"at a hearing or subcommittee hearing that has nothing to do with crypto. Under capitalism, if you, through the sweat of your brow and your frugality, you accumulate"
Testimony CASTEN, SEAN
From Wall Street to Main Street: The Future of How America Invests
house Financial Services Committee · Jun 25, 2026
"Okay. I stay on the Robin Hood thing because back before redistricting, the young man who took his life after being led by Robin Hood to invest in, this is the whole Alex Kern story was from my district. I've not seen that Robin Hood has done anything to get away from this idea of let's gamify these apps to make it exciting to trade, tell you what your friends are trading, make stock markets look like casinos, and certainly their embrace of crypto and prediction markets is heading further down..."
Testimony LYNCH, STEPHEN F.
From Wall Street to Main Street: The Future of How America Invests
house Financial Services Committee · Jun 25, 2026
"Ms. Renta, this hearing is on how America invests, and I think it's important to take a look at what's going on in the White House. President Trump has issued full unconditional pardons to a number of crypto-criminals. Changpeng Zhao, who is the founder of"
Testimony SPEAKER_02
From Wall Street to Main Street: The Future of How America Invests
house Financial Services Committee · Jun 25, 2026
"Thank you, Chair Wagner, and thank you to our witnesses. In recent months, several retail brokerage and crypto firms have announced automated agentic AI trading systems for their customers based on model context protocols that allow investors to give AI agents the ability to access their accounts and trade on their"
Testimony LOFGREN, ZOE
Safeguarding Federal Research Funds: The False Claims Act's Role in Co...
house Science, Space, and Technology Committee · Jun 24, 2026
"It's no exaggeration to say that during the Trump administration, the fraud is coming from inside the House. It's hard to even comprehend the levels of graft emanating from the highest levels of our government, crypto schemes, kickback deals, politically connected equity stakes, the list goes on and on. Two weeks ago, the Secretary of Energy appeared to mislead this committee by claiming that partisan politics played no role in award terminations, while the Department of Justice at nearly the..."
Testimony TONKO, PAUL
Subcommittee Markup of Eight Pieces of Legislation
house Energy and Commerce Committee · Jun 24, 2026
"I appreciate the committee for taking up this bill, including Ranking Member Castor's leadership. We should be doing whatever necessary to protect residential ratepayers from undue system costs imposed by large loads, especially data centers and crypto mining facilities. A PURPA 111D amendment is a good first step, but I do not think we should stop"
Testimony WARREN, ELIZABETH
Hearings to examine the affordability agenda.
senate Banking, Housing, and Urban Affairs Committee · Jun 23, 2026
"Trump doesn't care about hardworking Americans. He cares about making himself richer by cutting crypto deals and making thousands of stock transactions with companies whose value he can boost with deregulatory policies or giant government contracts. Trump's billionaire friends are along for the"
Testimony ALSOBROOKS, ANGELA D.
Hearings to examine the affordability agenda.
senate Banking, Housing, and Urban Affairs Committee · Jun 23, 2026
"It has raised gas and fertilizer prices. And if you look beyond the chaos and the cruelty, you also can see in plain sight the blatant corruption. The Trump family has made over $1.4 billion from crypto schemes, often leaving regular American investors with losses. A Trump family business is on the fast track now to become a bank, saddling everyday Americans and community banks with more risks. And fraudsters and scammers continue receiving presidential pardons because they are friends of this..."
Testimony KAMLAGER-DOVE, SYDNEY
Various Measures
house Foreign Affairs Committee · Jun 9, 2026
"national security advisor after that same individual purchased a 49% stake in Trump's crypto company or the fact that in Miami Last year Jared Kushner and Steve Whitcock drafted a 28-point peace plan for Ukraine With Putin adviser Kirill Dmitriev that prioritized Russia's conditions for ending the war Why? Because Dmitriev reportedly promised Kushner and Whitcoff billions of dollars worth of business opportunities for US companies in Russia And that's not to mention the steady drip drip drip of..."