House Speaker Mike Johnson Pledges Support for Bitcoin and Crypto Industry
This evening, House Speaker Mike Johnson (R-LA) attended a Bitcoin Voter PAC-sponsored event in Washington, D.C. following a productive session with industry leaders. Speaker Johnson expressed the Republican party’s commitment to collaborating with the Bitcoin and crypto industry to develop legislation that fosters growth and innovation within the United States.
During the event, Speaker Johnson emphasized the importance of unity between Congress and industry leaders, stating, “We’re in this together.” He praised the valuable insights and expertise provided by industry members, highlighting the role they play in shaping effective policies for the industry’s advancement.
The event brought together prominent figures such as Coinbase CEO Brian Armstrong, Marc Andreessen of Andreessen Horowitz, and Brian Morgenstern of Riot Platforms, along with House Majority Whip Tom Emmer and House Financial Services Committee Chairman French Hill from Congress.
Mike Senich, Senior Advisor at the Bitcoin Voter PAC, echoed Speaker Johnson’s sentiments, describing the discussions as highly productive. Topics of conversation included the Strategic Bitcoin Reserve (SBR) and concerns regarding double taxation on Bitcoin miners.
Notable attendees from the US Treasury, including Acting Secretary of Domestic Finance Luke Petite and Counselor to the Secretary on Digital Assets Tyler Williams, engaged in discussions about industry collaboration and market structure priorities.
While specific details of the discussions were not disclosed, Senich emphasized the urgency of passing legislation like the CLARITY Act to address critical issues facing the crypto market. He underscored the importance of a Republican majority in Congress for advancing industry-related initiatives.
Looking ahead to the midterm elections, Senich expressed the Bitcoin Voter PAC’s commitment to supporting candidates who champion Bitcoin and crypto interests to safeguard Speaker Johnson’s House majority.
