CLARITY Act
This bill is very pro-crypto.
voted against
Frank Pallone Jr
Democratic Congressperson from New Jersey, 6
Notable statements
GENIUS Act
This bill is very pro-crypto.
voted against
H.J. Res 25
This bill is very pro-crypto.
voted against
CBDC Anti-Surveillance State Act
This bill is somewhat pro-crypto.
voted against
FIT21
This bill is very pro-crypto.
voted against
SAB 121 House Joint Resolution
This bill is very pro-crypto.
voted against
Frank Pallone Jr
@FrankPallone
Wondering why the House has been gridlocked over crypto for 24+ hours? Here’s a hint: Trump and 70+ of his high-level minions hold over $193 million in crypto. Trump alone has $51 million. His Cabinet, his VP, and key regulators are in deep. That’s why Mike Johnson is jamming pic.x.com/XxQLTi04cvhat enrich Trump’s cronies.
Very anti-crypto
Frank Pallone Jr
@FrankPallone
Trump should be strengthening the U.S. dollar, not scheming to profit off crypto at the expense of American stability. An American president moving our Treasury toward a speculative currency he’s personally invested in is corrupt and it puts our economy at risk. pic.x.com/W5Fvf7qfsY
Very anti-crypto
Frank Pallone Jr
@FrankPallone
What do you mean the Speaker of the House doesn’t know anything about the “meme coin thing”? He pushed a through bill to deregulate crypto. Or is it that because it’s an obviously corrupt scheme tied to the Dear Leader, he suddenly can’t comment? x.com/atrupar/status…
Very anti-crypto
Frank Pallone Jr
@FrankPallone
Trump‘s corruption has no bounds. He should not be allowed to sell access to the White House with his cryptocurrency. The Supreme Court made a huge mistake in providing the president with immunity from prosecution. It allows Trump to profit from his presidency without any limits. pic.x.com/1aTgTPDPkM
Neutral on crypto
Frank Pallone Jr
@FrankPallone
This might be Trump’s biggest grift yet. He’s pushing a U.S. crypto stockpile while his own meme coin trades on the market, a huge conflict of interest. The gov’t hoarding risky tokens isn’t a strategy — it’s gambling with taxpayer dollars. Insiders profit, while Americans bear the risk.
Very anti-crypto
Frank Pallone Jr
@FrankPallone
Trump and the Republicans want to completely deregulate the crypto industry, which will only help scammers take advantage of inexperienced investors while avoiding taxes on their Ill gotten gains.
wsj.com/finance/curren…
Very anti-crypto
Frank Pallone Jr
@FrankPallone
Even the crypto industry can see right through Trump's cash grab. It's painfully obvious that Trump is using the presidency to enrich himself and take advantage of inexperienced investors to sell meme coins that have no real value.
nytimes.com/2025/01/25/us/…
Neutral on crypto
Frank Pallone Jr
@FrankPallone
This is a real concern. It’s why my @EnergyCommerce Committee is actively investigating the impacts cryptomining companies have on our grid & the environment. It's critical that they mitigate their fossil fuel use & climate pollution in this emerging space.bloomberg.com/news/articles/…
Very anti-crypto
Frank Pallone Jr
@FrankPallone
Today’s letters follow a hearing my @EnergyCommerce Committee held in January and are a continuation of our investigation into crypto’s impacts on our energy grid and climate goals. I look forward to getting answers.
Very anti-crypto
Frank Pallone Jr
@FrankPallone
Cryptomining can burn an enormous amount of fossil fuels, presenting a huge challenge in our fight against the #ClimateCrisis. Today I’m demanding answers from crypto companies on what they’re doing to mitigate energy use & offset their climate pollution. energycommerce.house.gov/newsroom/press…
Very anti-crypto
Frank Pallone Jr
@FrankPallone
Blockchain technology and #Cryptocurrency bring enormous promise but some blockchains are consuming enormous amounts of energy. Today, I held a #SubOversight hearing on this energy usage and how the crypto industry can assist us in achieving our climate goals. pic.x.com/afAMUq7K3s
Somewhat anti-crypto
Frank Pallone Jr
@FrankPallone
As cryptocurrency swiftly rises in popularity, we must understand and address the environmental impacts it is having on our communities and our planet. That’s why I’m holding a hearing on cryptomining’s growing energy footprint so we can prepare for cleaner alternatives. x.com/EnergyCommerce…
Very anti-crypto