Press Releases

Today, House Financial Services Committee Vice Chairman Bill Huizenga (R-MI) released the following statement after the House passed historic legislation to transform the digital asset ecosystem. First, the House passed the CLARITY Act to improve our nation’s digital asset market structure. The CLARITY Act passed by a bipartisan vote of 294 to 134 and now heads to the U.S. Senate. The House then passed the GENIUS Act, which is designed to address the regulation of payment stablecoins. The GENIUS Act passed the House by a bipartisan vote of 308 to 122 and now heads to President Trump’s desk to be signed into law.

“Today is a great day because it restores American leadership on digital assets,” said Congressman Huizenga. “From my time chairing the Capital Markets Subcommittee, to being a leader on the digital assets working group, to House passage of the GENIUS Act today, I am proud to have helped shepherd a bill that strengthens free markets, enhances entrepreneurship, and boosts consumer choice. I look forward to joining President Trump tomorrow when he signs the GENIUS Act into law and enacts another important part of his economic agenda.”

Prior to passage of both the CLARITY Act and the GENIUS Act, Congressman Huizenga explained the deep importance of restoring American leadership on digital assets.