Waukesha Times

Congressman Scott Fitzgerald, representing Wisconsin's 5th district and a member of the House Financial Services Committee, has shared his thoughts on the recent passage of three significant pieces of legislation related to digital assets. These include the Digital Asset Market Clarity Act of 2025 (CLARITY), Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS), and Anti-CBDC Surveillance State Act.

Commenting on the CLARITY Act, Congressman Fitzgerald stated: "For too long, our entrepreneurs and investors have faced uncertainty from federal regulators involving digital assets. The CLARITY Act bill finally sets the ground rules, reins in regulatory overreach, and empowers the next generation of digital market builders to thrive here in the United States, not overseas."

Regarding the GENIUS Act, he remarked: "Stablecoins present a major opportunity to modernize payments. The GENIUS Act strikes the right balance by fostering innovation while putting clear guardrails in place. It’s a serious, thoughtful approach to payments innovation—without handing the keys to Washington bureaucrats."

On the Anti-CBDC Surveillance State Act, Congressman Fitzgerald expressed concern about privacy and financial freedom: "A government-controlled digital dollar is a direct threat to privacy, financial freedom, and the American way of life. That’s why I’m a proud cosponsor of the Anti-CBDC Surveillance State Act, which ensures that no federal agency can use a Central Bank Digital Currency to monitor or control how law-abiding Americans spend their money."