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Sam Liccardo

Democratic Congressperson from California, 16

Notable statements

profile picture of Sam Liccardo

Sam Liccardo

@RepLiccardo

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Stablecoins are increasingly helping people make transactions with lower fees and fewer delays, and it ensures the primacy of the dollar. We need clear rules of the road, and the GENIUS Act is a good step forward. pic.x.com/3XajHB6Ekd
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Very pro-crypto
profile picture of Sam Liccardo

Sam Liccardo

@RepLiccardo

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I was an original cosponsor of bipartisan legislation of the House version of a bill that has now been enacted into law, the Genius Act. This Congress’ first efforts to enact guardrails for stablecoin, enabling the regulated deployment of “digital dollars” where issuers are required to keep a 1:1 reserve for each and every stablecoin (eg, with treasuries or deposits). If properly regulated, stablecoin can help millions of consumers reduce financial fees, expedite transactions, dampen inflation abroad, maintain dollar primacy globally, and ensure accurate records through an immutable blockchain. #crypto
Very pro-crypto
profile picture of Sam Liccardo

Sam Liccardo

@RepLiccardo

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I believe we need sensible crypto regulation, and I worked with a bipartisan group that sought to hammer out differences in the CLARITY Act on several issues, including some basic conflict of interest rules governing public officials like President Trump. buff.ly/N5QSOtP
Somewhat pro-crypto
Quoted from cointelegraph.com on Jun 11th, 2025

“The US House Committee on Financial Services has advanced a crypto market structure bill called the Digital Asset Market Clarity (CLARITY) Act, which will soon head to the full House floor for a vote.

House Financial Services lawmakers voted 32 to 19 on Tuesday to put the CLARITY Act to a full floor vote…”

Sam Liccardo was one of the representatives who voted against advancing this pro-crypto legislation.

Very anti-crypto
profile picture of Sam Liccardo

Sam Liccardo

@RepLiccardo

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When it comes to crypto, the industry deserves clear rules of the road, and Congress needs to act. We also need an agency willing to enforce those laws. We must protect consumers from the inevitable fraud, rug pulls, and pump-and-dump schemes and prosecute criminal activity (weapons, illicit drugs, and human trafficking) facilitated by the anonymity of crypto. Trump’s Justice Department has abdicated its responsibility to do so. buff.ly/8VL6p8I
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Somewhat pro-crypto
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Sam Liccardo

@sliccardo

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@BrendanPedersen It becomes less complicated if a few GOP members support my bill to make it illegal for elected & other federal officials to issue digital assets/ commodities/ securities —let’s make corruption illegal again….
Neutral on crypto
profile picture of Sam Liccardo

Sam Liccardo

@RepLiccardo

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Even most corrupt politicians have enough shame to avoid blatant self-dealing of this sort, but here’s one more reason why this President’s issuance of a digital asset would have given rise to impeachment in any other Congress and corruption charges in any other country (e.g., Argentina): cnn.com/2025/02/28/bus…
Neutral on crypto
profile picture of Sam Liccardo

Sam Liccardo

@RepLiccardo

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Today, I introduced the MEME Act, which prohibits top federal officials from issuing, sponsoring, or promoting a security, commodity, or digital asset with criminal and civil penalties. pic.x.com/NbjmcwoEB5
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Neutral on crypto
profile picture of Sam Liccardo

Sam Liccardo

@RepLiccardo

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I'll serve on the Digital Assets, Financial Technology, & Artificial Intelligence; National Security, Illicit Finance, and International Financial Institutions; and Oversight & Investigations subcommittees.
Neutral on crypto
profile picture of Sam Liccardo

Sam Liccardo

@sliccardo

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Through @helium, the @CityofSanJose partnered to deploy a groundbreaking plan to turn cryptocurrency sale profits into a funding plan to buy 1,300 low-income households internet for an entire year.
Very pro-crypto
profile picture of Sam Liccardo

Sam Liccardo

@sliccardo

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Jordan Sun @sanjosemoti explains our initiative to mine @helium cryptocurrency to fund free #broadband access for >1,000 low-income families — bridging the #digitaldivide w/innovation. #WeKnowTheWay #WeAreSanJose kron4.com/news/bay-area/…
Very pro-crypto