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Sylvia Garcia

Democratic Congressperson from Texas, 29

Notable statements

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Sylvia Garcia

@RepSylviaGarcia

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Another busy and productive week serving residents from TX-29! I joined @repcasar, @DoloresHuerta, and others at a vigil fighting for workers' rights. I attended the @FSCDems committee hearing to implement regulations for payment stablecoins. And much more! pic.twitter.com/2EBe8UhYEm
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Pending Analysis
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Sylvia Garcia

@RepSylviaGarcia

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RT @FSCDems: Today, the GOP is forcing the Cmte to markup a stablecoins bill that is TERRIBLE for consumers & BAD for our financial system.…
Pending Analysis
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Sylvia Garcia

@RepSylviaGarcia

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ICYMI: @FSCDems and I explored ways we can institute fair financial guardrails for the stablecoins industry. It’s a rapidly growing market so we must make sure these products are helping *not hurting* people without access to banking or expensive technology. pic.twitter.com/xLTxyQxkwr
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Very pro-crypto
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Sylvia Garcia

@RepSylviaGarcia

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This week, we accomplished many important things for the people of TX-29. Just this week, we: ✅ Passed the #NDAA that includes reforms for #JusticeForVanessaGuillen ✅ Held a @FSCDems hearing with #crypto business leaders on financial access ✅ Passed a bill to avoid default https://t.co/UXGqOpNua3
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Neutral on crypto
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Sylvia Garcia

@RepSylviaGarcia

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Earlier today, I spoke in @FSCDems about the importance of access to financial services in underserved areas, especially for migrant workers. It is important for emerging technologies like #cryptocurrencies to uplift everyone, no matter who they are or where they're from. pic.twitter.com/I0q78rlFLC
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Neutral on crypto
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Sylvia Garcia

@RepSylviaGarcia

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Today, my colleagues and I on @FSCDems will hold a hearing to discuss digital assets like #cryptocurrency & the future of finance. It is critical to protect consumers while preserving innovation & opportunity. Join us live here 🔽 youtu.be/4oOTvtupND8
Neutral on crypto
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Sylvia Garcia

@RepSylviaGarcia

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In the emerging #stablecoin space, it is critical to strike a balance between addressing consumer risk & fostering innovation.   @POTUS's Working Group issued a report today on this issue. I'm ready to act now to create a safe, viable regulatory space for this sector.
Somewhat pro-crypto
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Sylvia Garcia

@RepSylviaGarcia

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American consumers shouldn’t be left holding the bag when nefarious actors put our markets at risk. We need to protect our financial markets by properly regulating #stablecoins, and strike a balance between fostering innovation and seccnbc.com/2021/08/18/the…z5d2veV7
Somewhat pro-crypto
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Sylvia Garcia

@RepSylviaGarcia

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#Crypto currencies present great opportunities to expand financial access in the 21st century, but they also come with risks. Today, I spoke on the @FSCDems Subcmte. to explore how we can can facilitate innovation while protecting American consumers. My remarks and questions 🔽 pic.twitter.com/5lXgxjkMsZ
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Somewhat pro-crypto