FIT21
This bill is very pro-crypto.
voted for
Mike Flood
Republican Congressperson from Nebraska, 1
3 January, 2023 - 3 January, 2025
Notable statements
SAB 121 House Joint Resolution
This bill is very pro-crypto.
sponsored
Uniform Treatment of Custodial Assets Act
This bill is very pro-crypto.
sponsored
CBDC Anti-Surveillance State Act
This bill is somewhat pro-crypto.
cosponsored
Mike Flood
@USRepMikeFlood
At Flyover Fintech, Matthew Horne of @Fidelity highlighted how #DigitalAssets came to market.
Digital assets and #Blockchain technologies have proven their staying power. The federal government should support—not hinder—continued #fintech innovation.
More below 
pic.x.com/jRGd3dfmPm
pic.x.com/jRGd3dfmPm
Very pro-crypto
Mike Flood
@USRepMikeFlood
Federal regulators under Biden are out of touch with the ever-evolving digital asset market.
After four years of @SECGov Chair @GaryGensler, we've seen the consequences of this approach.
I asked @Anchorage how regulators can stay current on digital assets. Listen here pic.x.com/mqx6YXm2jk
pic.x.com/mqx6YXm2jk
Very pro-crypto
Mike Flood
@USRepMikeFlood
Excited to work with President @realDonaldTrump to modernize America's financial system and usher in a new era for #DigitalAssets.
I recently asked @StellarOrg about the benefits and opportunities a US dollar-backed stablecoin brings the average American. Tune in here pic.x.com/AWEplkrou7
pic.x.com/AWEplkrou7
Very pro-crypto
Mike Flood
@USRepMikeFlood
America can become the #DigitalAssets capital of the world.
Digital asset ETFs are a way to help expand access to digital assets for retail investors.
Here's what Krista Lynch of @Grayscale had to say on this at Flyover Fintech 
https://t.co/w7V0DdzKxR
https://t.co/w7V0DdzKxR
Very pro-crypto
Mike Flood
@USRepMikeFlood
At Flyover Fintech, @BitwiseInvest highlighted how we can make crypto assets more accessible.
With the departure of SEC Chair @GaryGensler nearing, there are great opportunities ahead to support #fintech innovation and expand access to #DigitalAssets.
Listen below pic.x.com/EnWWYJO59k
pic.x.com/EnWWYJO59k
Very pro-crypto
Mike Flood
@USRepMikeFlood
During his tenure, he pushed ESG on investors, tried to quash up-and-coming crypto markets, and refused to work with Congress on a digital assets framework.
Very pro-crypto
Mike Flood
@USRepMikeFlood
While I’m relieved to see that the CFPB’s Larger Participant rule carves out crypto, the final rule still constitutes a a troubling example of a regulator working overtime to expand its power and authority.
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @cspanwj: WATCH: Rep. Mike Flood (R-Nebraska) on Trump nominees RFK Jr. and Matt Gaetz - including the debate over whether the House Eth…
Very pro-crypto
Mike Flood
@USRepMikeFlood
At Flyover Fintech, @FinancialCmte Chair @PatrickMcHenry praised the House’s work on digital assets.
“...this is the largest rewrite of financial regulation since Dodd-Frank and it got bipartisan votes.”
More 
hbit.ly/3Ux3https://t.co/MsvsAj5U7A
hbit.ly/3Ux3https://t.co/MsvsAj5U7A
Very pro-crypto
Mike Flood
@USRepMikeFlood
Final panel announcement: This Flyover Fintech panel will focus on Web 3.0 and DeFi!
Excited to host experts from @multicoincap and @galaxyhq to discuss decentralized web technologies and finance.
Learn more about the panel here and conference 
bit.ly/4eFfHH8 pic.x.com/wygnWgOZfa
Very pro-crypto
Mike Flood
@USRepMikeFlood
Only four days until the registration for my Flyover Fintech conference closes.
I’m happy to bring together #fintech leaders in #cybersecurity, Digital Asset ETFs, and more to Lincoln!
Scan the QR code below or click the link to claim your spot now bit.ly/4gqszCg 
pic.x.com/8t3f1RrIJb
Very pro-crypto
Mike Flood
@USRepMikeFlood
NEW: I'm excited to announce that my Flyover Fintech conference will have a panel featuring Digital Asset ETFs!
#DigitalAssets experts from @BitwiseInvest, @BlackRock, @Fidelity, and @Grayscale will lead the discussion.
Read more about the panel here: bit.ly/4dx6GhT pic.x.com/GtspRlznCs
Very pro-crypto
Mike Flood
@USRepMikeFlood
I'm fascinated by Web 3.0 and how a decentralized web could change the applications we use every day.
It would disempower the Big Tech intermediaries that wield so much influence today.
Watch my full comments here pic.x.com/bewd6dpj9k
pic.x.com/bewd6dpj9k
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @crypto_council: .@USRepMikeFlood in today's DeFi hearing: In my view the largest implications of DeFi are unrelated to the financial ap…
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @FinancialCmte: 
#AugustRewind
The @SECGov's SAB 121 crypto accounting rule upends bank custody practices for digital assets.
Wa…
#AugustRewind
The @SECGov's SAB 121 crypto accounting rule upends bank custody practices for digital assets.
Wa…Very pro-crypto
Mike Flood
@USRepMikeFlood
"There should be a path forward where Republicans and Democrats could agree on – not just repealing [SAB 121[ – broader regulatory certainty for digital assets."
Read my full interview with @blockchaintpsht
blockchaintipsheet.com/interviews/rep…
blockchaintipsheet.com/interviews/rep…Very pro-crypto
Mike Flood
@USRepMikeFlood
Banks have long been America’s most trusted custodians, and regulators should work with them so they can provide the same services for digital assets that they have to other asset classes through the years.
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @DigitalChamber: To truly advance #crypto, we must collaborate through a bipartisan approach. Meaningful connections drive real change.…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Banks have long been America’s most trusted custodians, and regulators should work with them so they can provide the same services for digital assets that they have to other asset classes for years.
Very pro-crypto
Mike Flood
@USRepMikeFlood
While President Biden’s veto is disappointing, it isn’t the last word on SAB 121. Digital assets and cryptocurrency are here to stay and are a critical part of America’s financial future.
whitehouse.gov/briefing-room/…
Very pro-crypto
Mike Flood
@USRepMikeFlood
I will continue to work with my colleagues to find ways to end SAB 121 and push back on Chair Gensler’s anti-crypto agenda.
Very pro-crypto
Mike Flood
@USRepMikeFlood
Imagine the politician you dislike the most with the power to monitor, restrict or even halt the financial transactions of their political opponents.
It’s a horrifying thought, and it cuts to the core of why we need to reject a retail CBDC in this country. pic.twitter.com/KuxBTZvURe
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @FinancialCmte: #WATCH: @USRepMikeFlood on the potential for a U.S. CBDC to be politically weaponized:
"Once a CBDC is built, even if i…
Very pro-crypto
Mike Flood
@USRepMikeFlood
This is a landmark result for digital asset regulation. Both the House and Senate – including Majority Leader Schumer in the Senate – have delivered a clear, bipartisan message to the @SECGov that SAB 121 needs to go. x.com/SenateCloakroo…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Great conversation with Congressman @WarrenDavidson and @SenTedBuddNC at the DC Blockchain Policy Summit on SAB 121 and digital assets. pic.twitter.com/bX9Nhyb6zG
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @Blockworks_: OPINION: It's time to overturn SAB 121. Whether you love or hate crypto, digital assets are here to stay.
https://t.co/Xz…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Visited with NTD about the passage of my SAB 121 repeal this week, and what it means for the future of digital assets and @SECgov.
Watch here https://t.co/tKH9sM1OFG
https://t.co/tKH9sM1OFG
Very pro-crypto
Mike Flood
@USRepMikeFlood
It set a disturbing precedent and is not the appropriate vehicle to promulgate accounting guidance for digital asset custodians. I appreciate the broad support of my colleagues in the House for H.J. Res. 109 and urge the Senate to take action to deliver a full repeal of SAB 121.
Very pro-crypto
Mike Flood
@USRepMikeFlood
Looking forward to joining the DC Blockchain Summit on May 15, 2024 to talk about the future of crypto, blockchain, and more!
Details here: digitalchamber.org pic.twitter.com/pvhPb1UXQe
Very pro-crypto
Mike Flood
@USRepMikeFlood
.@SECGov has virtually locked out the most regulated institutions from serving as custodians for digital assets. It’s time to roll back SAB 121 and to stop @GaryGensler’s overreach. pic.twitter.com/n3xWRhPMWq
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @PatrickMcHenry: There is bipartisan agreement SAB 121 undermines consumer protection and leaves customers' digital assets vulnerable.…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Chair @GaryGensler’s SAB 121 has virtually blocked banks from serving as custodians of digital assets. Today, @RepWileyNickel, @SenLummis, and I introduced resolutions to repeal @SECGov's terrible bulletin.
SAB 121’s days are numbered – it’s time for it to go! 
pic.twitter.com/jTQDdbMm3I
pic.twitter.com/jTQDdbMm3I
Very pro-crypto
Mike Flood
@USRepMikeFlood
The SEC has finally approved Bitcoin ETFs — read my statement on their announcement here pic.twitter.com/vnqUA6xhtI
pic.twitter.com/vnqUA6xhtI
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @ThinkingCrypto1: Gary Gensler is out of control & needs to be held Accountable!
Congressman Mike Flood joins me to discuss US #Crypto…
Very pro-crypto
Mike Flood
@USRepMikeFlood
The @SECGov issued a staff bulletin that would potentially have significant effects on the ability of banks to custody digital assets.
Watch as I question Chair Gensler on SAB 121: pic.twitter.com/bzd763OD5t
Very pro-crypto
Mike Flood
@USRepMikeFlood
Market participants have relied on @GaryGensler's statements and have filed applications for a regulated spot bitcoin ETP.
There is no reason to continue to deny such applications under inconsistent and discriminatory standards.
Full letter and release >>>… twitter.com/i/web/status/1… pic.twitter.com/fsfDvMlubG
Very pro-crypto
Mike Flood
@USRepMikeFlood
"If we use a federal CBDC, the Federal Reserve would be at the center of every American transaction […] That’s an enormous amount of power, and that power would put tremendous political power on the Federal Reserve."
This is why we need @GOPMajorityWhip’s bill to ban the… twitter.com/i/web/status/1… pic.twitter.com/U1yEKG3Awj
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @GOPMajorityWhip: Today, with 49 of my Republican colleagues, I reintroduced the CBDC Anti-Surveillance State Act
https://t.co/mbke95…
Today, with 49 of my Republican colleagues, I reintroduced the CBDC Anti-Surveillance State Act
https://t.co/mbke95…Very pro-crypto
Mike Flood
@USRepMikeFlood
In a digital age, cryptocurrency represents new economic opportunities for America – but it’s critical for private sector innovators to take the lead. The American dollar has long been a symbol of prosperity and freedom, and our digital currencies should be the same. twitter.com/GOPMajorityWhi…
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @FinancialCmte: The U.S. needs a clear regulatory framework to harness the promise of payment stablecoins and ensure consumer protection…
Very pro-crypto
Mike Flood
@USRepMikeFlood
"Flyover Fintech featured a day of speakers — ranging from members of the House Financial Services Committee to leading voices in fintech — discussing the current and future states of regulation over cryptocurrency and other digital assets."
siliconprairienews.com/2023/08/five-t…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Welcoming almost 250 people from across the country to my first Flyover Fintech conference to talk about the future of financial services, crypto, and digital assets — looking forward to robust discussions! pic.twitter.com/StTXYYP3Xl
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @blockchaintpsht: Brian Quintenz, former CFTC Commissioner now @a16zcrypto discussing digital assets with @USRepMikeFlood. @RepFrenchHil…
Very pro-crypto
Mike Flood
@USRepMikeFlood
"There’s no reason for a state-chartered bank in Nebraska that issues Stablecoins to be regulated directly by the Federal Reserve when the Nebraska Department of Banking is equipped to do the job."
norfolkneradio.com/news/flood-hig…
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @WarrenDavidson: 100% Powerful message from @USRepMikeFlood.
#ICYMI Next week @FinancialCmte will markup a Digital Asset Market Struct…
Very pro-crypto
Mike Flood
@USRepMikeFlood
This panel features a variety of broker dealers and exchanges who engage on the retail side of digital asset investing.
I encourage anyone who is interested in joining the conversation to reserve their spot and register for Flyover Fintech.
Very pro-crypto
Mike Flood
@USRepMikeFlood
We must pass a digital assets framework that provides meaningful regulatory clarity, fosters innovation, and protects American investors.
Very pro-crypto
Mike Flood
@USRepMikeFlood
This decision is an enormous victory for the future of digital assets in the United States and American innovation. Now that Chair Gensler’s spurious legal argument on XRP has been discredited, it is time for Congress to act where the SEC and Chair Gensler have failed. twitter.com/Ripple/status/…
Very pro-crypto
Mike Flood
@USRepMikeFlood
Establishing a regulatory framework for cryptocurrency that promotes private sector innovation has been a hot topic in Washington recently.
I'm excited to announce that Flyover Fintech will feature a panel titled “How a Lack of Clarity Affects Digital Asset Retail Investing." pic.twitter.com/yCwhHWumH3
Very pro-crypto
Mike Flood
@USRepMikeFlood
Our country’s dual-banking system has promoted innovation – innovation that should be encouraged in the area of crypto.
I'm excited to announce that Flyover Fintech will feature a panel titled “Clarity and Custody: Why the Lack of Clarity for Custodians Stifles Innovation.” pic.twitter.com/O2n6IThPUQ
Very pro-crypto
Mike Flood
@USRepMikeFlood
This panel will explore the future of Web 3, NFTs, and Decentralized Finance.
I encourage anyone who is interested in joining the conversation to reserve their spot and register for Flyover Fintech.
Very pro-crypto
Mike Flood
@USRepMikeFlood
ICYMI: How can a broker-dealer register if they don’t know which assets are a security and which are not? America needs a digital assets framework.
Watch my exchange during Tuesday’s hearing. pic.twitter.com/hWO6RdYc81
pic.twitter.com/hWO6RdYc81
Very pro-crypto
Mike Flood
@USRepMikeFlood
The conference will welcome industry leaders and public officials from across the country to Lincoln to talk about the future of fintech, digital assets, and our global economy.
Very pro-crypto
Mike Flood
@USRepMikeFlood
States are the laboratories where public policy is developed and refined in our democratic republic — and digital assets should be no different.
Watch my comments from today’s hearing pic.twitter.com/ndAvXmYG33
pic.twitter.com/ndAvXmYG33
Very pro-crypto
Mike Flood
@USRepMikeFlood
WATCH: How Congress addresses the future of digital assets will impact the ability of Americans to participate in our economy here and around the world.
Q&A from today's @FinancialCmte hearing pic.twitter.com/yx4NTgHcja
pic.twitter.com/yx4NTgHcja
Very pro-crypto
Mike Flood
@USRepMikeFlood
Digital assets are at the heart of our digital economy’s future, but the Biden’s Administration’s response is driving innovators out of America and into the hands of international competitors.
Read my letter with Rep. @WarrenDavidson pic.twitter.com/gKISOqd4eI
pic.twitter.com/gKISOqd4eI
Very pro-crypto
Mike Flood
@USRepMikeFlood
"Rep. Warren Davidson (R-Ohio), Chairman of the Subcommittee on Housing and Insurance, along with Rep. Mike Flood (R-Neb.), who serves on the Subcommittee on Digital Assets has written a letter to the CEA."
Full @FoxBusiness piece here
foxbusiness.com/politics/repub…
foxbusiness.com/politics/repub…Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @WarrenDavidson: The Biden administration’s Council of Economic Advisors has flip-flopped on how they intend to handle digital assets.…
Very pro-crypto
Mike Flood
@USRepMikeFlood
We need a regulatory framework that attracts investment here in America and encourages private sector entrepreneurs to deliver digital asset technology here at home.
Very pro-crypto
Mike Flood
@USRepMikeFlood
There is simply no way the digital assets ecosystem within the United States will survive without some kind of action from Congress to combat the regulatory deluge we’ve seen in the past few months.
Watch my full comments pic.twitter.com/CscbpkorcO
pic.twitter.com/CscbpkorcO
Very pro-crypto
Mike Flood
@USRepMikeFlood
Maintaining a robust role for state regulators in digital assets can help spur innovation and growth.
Watch my full comments here pic.twitter.com/ZPXksfudju
pic.twitter.com/ZPXksfudju
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @FinancialCmte: #HappeningNow: Chairman @RepFrenchHill convenes the Subcommittee on Digital Assets, Financial Technology & Inclusion for…
Very pro-crypto
Mike Flood
@USRepMikeFlood
As @FinancialCmte works to establish a digital assets framework, the Biden Administration need to get bureaucrats out of the way so that we can protect the future of America’s innovation economy.
coindesk.com/business/2023/…
Very pro-crypto
Mike Flood
@USRepMikeFlood
The actions of the Biden Administration and @SECGov Chairman Gensler are putting the future of digital assets in America at risk by pushing industry players offshore. If they succeed, American investors lose.
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @FinancialCmte: #WATCH: @USRepMikeFlood highlights the risks that @SECGov's SAB 121 guidance poses to the digital asset ecosystem and it…
Very pro-crypto
Mike Flood
@USRepMikeFlood
The CBDC Anti-Surveillance State Act is a key step towards ensuring that Americans maintain their financial freedom by prohibiting a centrally controlled digital currency as our economy continues to innovate in the area of digital assets.
Very pro-crypto
Mike Flood
@USRepMikeFlood
RT @GOPMajorityWhip: Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected bureaucrats in Washington, DC fr…
Very pro-crypto
Mike Flood
@USRepMikeFlood
In a digital age, cryptocurrency represents new economic opportunities for America – but it’s critical for private sector innovators to take the lead. The American dollar has long been a symbol of prosperity and freedom, and our digital currencies should be the same. twitter.com/GOPMajorityWhi…
Very pro-crypto
Mike Flood
@USRepMikeFlood
From establishing a commonsense digital asset regulation to ensuring we protect the financial freedom of all Americans, I’m looking forward to contributing to the important policymaking and oversight these subcommittees will lead on in the coming months.
Very pro-crypto
Mike Flood
@USRepMikeFlood
I look forward to collaborating with Chairman @PatrickMcHenry and Nebraska’s banking and insurance sectors on a diverse set of priorities ranging from digital asset regulation to the encroachment of ESG.
Very pro-crypto