Scott Fitzgerald U.S. House of Representatives from Wisconsin's 5th district | Official U.S. House Headshot
Scott Fitzgerald U.S. House of Representatives from Wisconsin's 5th district | Official U.S. House Headshot
On May 22, 2024, Congressman Scott Fitzgerald (WI-05) issued a statement following his vote to pass H.R. 4763, the Financial Innovation and Technology for the 21st Century Act. This legislation aims to establish clear federal requirements for digital asset markets to protect consumers and reinforce American leadership in the global financial system while fostering innovation within the United States.
"As a member of the Financial Services Committee, I understand just how big of a role digital assets and blockchain technology may play in our future economic landscape—and the current regulation-by-enforcement status quo is not working," said Rep. Fitzgerald. "I was proud to help pass the Financial Innovation and Technology for the 21st Century Act to help bring clarity and certainty to the digital asset markets. Congress must be a conduit for responsible innovation, not an obstacle, and this bill makes sure entrepreneurs and consumers are equally set up for success."
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