America is a republic, not an empire. Congress must:
1. Support and defend the Constitution against all enemies, foreign and domestic.
2. Defend the borders of our own country.
3. Represent the citizens (not the inhabitants) of the United States.
4. Protect their freedom,…
🚨 NEWS - Today I filed the SEC Stabilization Act to restructure the
@SECGov
and
#FireGaryGensler
.
U.S. capital markets must be protected from a tyrannical Chairman, including the current one. It’s time for real reform and to fire
@GaryGensler
as Chair of the SEC. Statement ⬇️
On January 6th, I will object to electors from states that failed to uphold the equal protection principle of "one person, one vote" where that failure made the intent of voters difficult to discern: AZ, GA, MI, NV, PA, and WI.
🚨I’m calling to restructure the
@SECGov
and the removal of Chair
@GaryGensler
.
Watch my closing remarks from today’s hearing where I lay out the abuse of power and failure to protect investors that has occurred.
Gary Gensler’s record of failures to protect investors and abuses of power make clear the need to restructure the
@SECgov
.
See you in the morning
@GaryGensler
.
So basic…
#FireGary
and de-politicize the world’s biggest and best capital markets. This should be a unifying, nonpartisan plan to restore focus on the mission. Who will be the first Democrat to cosponsor? Tag someone.
The
#SECStabilizationAct
explained ⤵️
❌ Fires Chair
@GaryGensler
✅ All rulemaking, enforcement, & investigations conducted by 6 commissioners
➕ Creates ED Role for day-to-day operations
Thank you,
@GOPMajorityWhip
for helping lead this legislation.
🤔 Wait a minute. So the Trump administration can’t even ask who is a US citizen - while doing the census - but the Biden administration can go door to door to know who isn’t vaccinated?
This might just be about power to some people…
Yep. To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commission and replaces the role with an Executive Director that reports to the Board (where authority resides). Former Chairs of the SEC are ineligible.
I asked SEC Chair Gary Gensler about his selective enforcement in the
@KimKardashian
settlement.
Gary’s response? He can’t even answer the question.
Reason 1000 why Gensler needs to go!
It is right to secure the border.
It is legal to secure the border.
It is just to secure the border.
It is compassionate to secure the border.
It is time to
#SecureTheBorder
.
Thank you
@realDonaldTrump
.
Thank you
@cbp
.
Thank you
@ICEgov
.
🇺🇸🇺🇲🇺🇲
Congressional districts should be drawn based on the population of US citizens only. The Census should specifically count US citizens for apportionment of representation. Only US citizens are represented by the US Congress.
California has 5-7 extra members of Congress because…
Authoritarians want to use the financial system as a means of control rather than means of exchange and store of value. To
#DefendFreedom
we must defend
#SoundMoney
. And don’t buy this dishonest BS on energy;
#bitcoin
is actually growing investment in renewable energy globally.
Bitcoin requires so much computing activity that it eats up more energy than entire countries. One of the easiest and least disruptive things we can do to fight the
#ClimateCrisis
is to crack down on environmentally wasteful cryptocurrencies.
"Buy a Brick, Build the Wall Act" is newly introduced as HR32. It directs
@USTreasury
to establish a fund allowing private contributions to fund and maintain border walls. Millions of Americans agree and want to chip in to help secure our borders. cc
@BrianKolfage
We can expect a vote on a 5,600 page bill this evening. Can anyone read 1,000 pages in an hour? Asking for a few friends on the Hill and the American people.
HUGE: LA County to Remove Up 1.59 million "inactive" names from dirty voting rolls -- as part of
@JudicialWatch
federal lawsuit settlement! This a dramatic development for cleaner elections. Great interview with John Hines of
@OANN
@GOPMajorityWhip
Tom Emmer joined me in this critical fight to protect our markets: “American investors and industry deserve clear and consistent oversight, not political gamesmanship. The SEC Stabilization Act will make common-sense changes to ensure that the SEC’s priorities…
#Bitcoin
has a market cap of $680 billion dollars.
If 1% of it is invested in El Salvador, that would increase our GDP by 25%.
On the other side,
#Bitcoin
will have 10 million potential new users and the fastest growing way to transfer 6 billion dollars a year in remittances.
The Hong Kong Human Rights and Democracy Act:
☑️ Passed in the Senate
☑️ Passed in the House
🔜 Headed to the White House to become law
The United States stands with the people of Hong Kong and will punish further aggression by China.
Customs and Border Patrol agents are being fired if they refuse to be vaccinated. The people entering America illegally aren’t even being tested or treated for COVID.
You should thank
@GaryGensler
for driving
#FinTech
out of America. UK is probably still a great place to invest, but Gary is definitely driving capital out of American markets.
Great news that
@a16z
– one of the world’s leading tech investment firms, is opening a new base here in London.
Another huge vote of confidence in the UK as a place to build and grow tech businesses of the future.
The movement to
#FireGaryGensler
is gaining steam, prompted by the efforts of US Congressman
@WarrenDavidson
and his proposed SEC Stabilization Act.
Everything you need to know.
I’ll admit that I was surprised when the Biden Administration chose to launch the Ministry of Truth within the Department of Homeland Security. I expected them to abuse the FCC…
Nevertheless, we must stop them. Thanks
@RepBoebert
!
#DefendFreedom
Our office will be introducing legislation in the US House of Representatives shortly to protect Americans from this version of overt theft.
Please let your Member of Congress and Senators know…
This is literal madness.
Canada's Deputy Prime Minister says, under the Emergencies Act, banks can immediately freeze or suspend bank accounts without a court order and be protected from civil liability.
Is this still a free country?
America: Could we please lower inflation so gas and groceries are affordable again?
Democrats: Best I can do is a tax hike and 87,000 IRS agents. Gotta save the green new deal.
🚨 Gary Gensler’s tenure at the SEC highlights two key problems.
1)
@GaryGensler
problem
2)
@SECGov
structural problem
That’s why I introduced the SEC Stabilization Act to
#FireGaryGensler
and restructure the SEC.
The
#SECStabilizationAct
explained ⤵️
❌ Fires Chair
@GaryGensler
✅ All rulemaking, enforcement, & investigations conducted by 6 commissioners
➕ Creates ED Role for day-to-day operations
Thank you,
@GOPMajorityWhip
for helping lead this legislation.
Congress has never received a briefing on
#FortPelosi
. The military occupation of the nation’s Capitol needs authorization, a reasonable justification, and a defined exit strategy - or it needs to end swiftly.
To restore a government small enough to fit within the Constitution, we need Members of Congress committed to the Constitution.
These are the 86 Republicans and 126 Democrats who want the government to spy on Americans. The 4th Amendment says get a warrant. They say, NO.
I join my colleague in calling for Gary Gensler to embrace a different approach.
The Ripple case should make clear that Congress needs to provide clarity that is lacking for investors, innovators, regulators, and even the courts.
I remain hopeful that we can agree on a…
🚨 Needless to say, regulating digital assets through enforcement only had a dreadful day in court last week.
In the wake of the resounding decision out of the SDNY Ripple case,
@SECGov
must reassess its continued assault on the crypto industry.
My letter to Chair Gensler:
At this point, it's hard to believe that
@SECgov
hasn't engaged in selective enforcement. They worked closely with the biggest entities (like FTX) for years while engaging in endless discovery requests. Clearly, Gensler & perhaps the SEC structure are not up to the task at hand.
Statement: “To correct a long series of abuses, I am introducing legislation that removes the Chairman of the Securities and Exchange Commission and replaces the role with an Executive Director that reports to the Board, where all authority resides. Former Chairs of the SEC will…
2024 would be a great time to
#FireGaryGensler
, pass the SEC Stabilization Act, hold the SEC accountable for its corruption, and end the accredited investor rule that protects deal flow for the donor class.
via
@reason
We should take President Trump’s more restrained foreign policy as a new beginning for American diplomacy. More wars in more places does not make America more secure.
Consequently, I was one of 60 members who supported President Trump & opposed HRes 77.
Democrats refuse to admit it now, but in 2019, Biden, Harris, and Pelosi had no problem saying there was a “crisis” at the border.
Today, nearly twice as many unaccompanied migrant children are being apprehended daily at our Southern Border as at the 2019 peak.
What changed?
The IRS already has 4,600 armed agents with more than 5-million rounds of ammunition. Now they 6x the budget and add 5 infantry divisions worth of agents.
Time to repeal the 16th amendment (income tax) and use a far less invasive and more effective means of taxation.
#FairTax
.
@GaryGensler
is definitely not protecting investors. His reckless leadership is undermining the rule of law and eroding trust in America’s capital markets.
Congress should pass the SEC Stabilization Act and
#FireGaryGensler
.
Just a reminder that
@jeffjohnroberts
put this handy chart together for
@Fortune
that shows
@GaryGensler
"counterprogramming" lawsuits, Wells Notices and public statements against Congress advancing on setting clear rules.
Gensler is protecting his power, not markets.
Self-custody is essential to defending freedom.
Permission-less peer-to-peer transactions are like cash - no 3rd party needed.
Everything else is essentially a permissioned system where someone else can filter your transactions.
#NEW
: Ahead of today's hearing, all Republicans on the Financial Services Committee sent a letter to
@SECGov
Chair Gary Gensler slamming the agency for its failure to assess the cumulative impacts of its interconnected rulemakings.
⬇️ Read more 🔗
The Federal Reserve is building the financial equivalent of the Death Star.
Central Bank Digital Currency (CBDC) corrupts money into a tool for coercion & control.
Congress must swiftly ban then criminalize any effort to design, build, develop, test or establish a
#CBDC
.
@GaryGensler
is a despicable and dishonorable regulator. He knew that
@krakenfx
believed it was buying peace for the $30M. I know some people are critical of it’s choice to settle and pay the $30M. I wanted them to fight as well. But when you decide to fight, $30M takes you only…
Thoughtful oped.
“Right now, you’re surrounded by the digital, and right now, you own none of it.”
Self-custody & permission-less payments are non-negotiable, yet some want a future without property rights. That’s the heart of the debate.
#KeepYourCoins
Permission-less peer-to-peer payments are essential to defending freedom. Anyone opposed to self-custody is telling you they do not trust you with your own assets. Instead, they want a third party as an intermediary who can be monitored and controlled.
#PaymentPrivacy
Damus will be removed from the app store in 14 days, apple says zaps are not allowed on their platform because they *could* be used by content creators to sell digital content. This is right before we’re about to give our talk at the oslo freedom forum on how decentralized social…
Freedom surrendered is rarely reclaimed. We must begin a sustained campaign to restore constitutionally limited government - by, of, and for the people.
#DefendFreedom
“My name is Tony Bobulinski. The facts set forth below are true and accurate... I am the recipient of the email published seven days ago by the New York Post which showed a copy to Hunter Biden and Rob Walker. That email is genuine.”
#Justice
#fact
That's why I introduced HJ Res 34: "Representatives shall be apportioned among the several States according to their respective numbers, which shall be determined by counting the number of persons in each State who are citizens of the United States."
#CitizenshipMatters
Illegals should not be counted in the census
Basic projections show that California gets an extra 9 electoral votes because of counting illegals
This disenfranchises Montana, Wyoming, and North Dakota, COMBINED!
This is true foreign interference in our election
Gensler expects Americans to believe that Kraken paid a $30 million fine and shut down its U.S. staking program because they forgot to fill out a form on the SEC's website?
Or is this the predictable consequence of regulatory uncertainty and regulation by enforcement?
Oh man, all I had to do was fill out a form on a website and tell people that staking rewards come from staking? Wish I'd seen this video before paying a $30m fine and agreeing to permanently shut down the service in the US. How dumb do I look. Gosh. ⛽️💡
Gary Gensler gave FTX a free pass, but went after Kim Kardashian.
The SEC's regulation by selective enforcement is harming the industry and failing to protect consumers.
My Token Taxonomy Act provides regulatory clarity and solves this problem.
Last night, the
@FinancialCmte
passed my bill to protect self-custody. Those attacking self-custody oppose individual freedom. They want someone they control to control your assets.
Defend Freedom.
#KeepYourCoins
Anyone attacking self-custody opposes individual freedom. They want someone to control your assets on their behalf.
Pass my Keep Your Coins( KYC) Act to protect self-custody.
This is the best safeguard against CBDC or default by third-party custodians (like FTX or BlockFi).
#GoodNews
“Wages for the typical worker—nonsupervisory employees who account for 82% of the workforce—are rising at the fastest rate in more than a decade.”
Make no mistake, Gary Gensler's
@SECGov
is not a social or climate regulator despite what his agenda suggests.
Republicans are working to refocus the SEC's attention on sound financial regulation so American markets remain the envy of the world.
That is the precise objective of the FIRED Act. It would establish a 12-year term-limit. The idea that America is this dependent on ONE doctor is not only fallacious, but also dangerous.
#FireFauci
Don’t accept the false choice between big government capitalism or big government socialism. Good governments defend freedom and free markets.
More freedom.
Less government.
#SoundMoney
Some of the grievances from folks not yet supporting
@Jim_Jordan
:
- Matt Gaetz (and 7 others) caused chaos with Motion-to-Vacate (fire McCarthy)
- Those 8 must own the chaos and cannot be rewarded by making Jim Speaker
- If Matt Gaetz is rewarded he will have tons of support in…
@johnrich
@charliekirk11
@clif_high
While pharma has legal protections, those mandating the shot as a condition of entry or employment do not. The situation is absolutely horrific, but this is a legal precedent that needs set.
I believe SBF was arrested before the Congressional hearings this week because the SEC and other regulators did not want to give Congress an opportunity to ask SBF about their failed oversight.
Why do you think SBF was arrested just before the Congressional hearings?
The public deserves to know the truth. Having addressed the matter with Mr Barr directly that his statement below is false, I feel compelled to inform everyone.
Breaking his many promises, Speaker Johnson never attempted to attach border security to the rule vote (which sets the…
I just voted for H.R. 3602, the End the Border Catastrophe Act, an even stronger version of HR 2, the Secure the Border Act, which I have voted for multiple times this Congress. It failed because it had to go under a procedure requiring a supermajority vote and the only reason…
There is a solution: pass the Token Taxonomy Act!
“The uprising against the SEC is not particularly pro-Ripple but a backlash against regulation by enforcement and deliberate market confusion that has exasperated investors and driven developers overseas.”
Thanks to the historic TAX CUTS that I signed into law, your paychecks are going way UP, your taxes are going way DOWN, and America is once again OPEN FOR BUSINESS!
Only Congress could lawfully establish a Central Bank Digital Currency in the United States, but that hasn’t stopped CBDC advocates from working to normalize this Orwellian payment system.
Today, I sent a letter to my colleagues encouraging them to help prevent state efforts to…
Stablecoins are not securities. Some may be, but treating them all the same would be foolish and dishonest. The Token Taxonomy Act would provide necessary legal clarity. Congress must take action to allow
#FinTech
to flourish in America.
We should be giving our personnel on the border the resources they need to succeed. Nevertheless, millions of Americans want to pitch in and give directly to build a
#wall
. This bill makes sure their funds go to the cause they support. 🇺🇸
FTX leveraged its clients' money and lost millions. Self-custody is one solution to protect yourself.
Anyone attacking self-custody opposes individual freedom. They want someone to control your assets on their behalf.
Pass my Keep Your Coins( KYC) Act to protect self-custody.
Executive overreach has long been an abuse of power that circumvents approval from Congress.
Today we will pass the REINS ACT to stop overreach from unelected bureaucrats.
🚨BREAKING: A DC Court of Appeals has GRANTED Grayscale’s petition for review to convert its GBTC Trust into a Bitcoin Spot ETF and has ordered the
@SECGov
’s order be vacated. Documents and detail to come.
The Constitution, 12th, 13th, 14th, 15th, 19th Amendments, precedent, laws & abundant court cases make clear: no state is so sovereign that they can (by law or by practice) deny citizens the equal protection of knowing a just and secure election consists of one person, one vote.
Central Bank Digital Currencies should never be designed, developed, or established.
It’s like building the Death Star and saying you won’t turn it on.
Today I offered an amendment to stop the creation of
#CBDCs
.