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Sylvia Garcia

Democratic Congressperson from Texas, 29

Notable statements

profile picture of Sylvia Garcia

Sylvia Garcia

@RepSylviaGarcia

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Proud to stand with my @USHouseFSC colleagues as @federalreserve Chairman Powell testified before the committee today. While Republicans push tax breaks for billionaires and try to gut consumer protections, we’re focused on lowering costs, protecting your savings, and holding big banks and crypto scammers accountable.
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Very anti-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…”

Sylvia Garcia was one of the representatives who voted against advancing this pro-crypto legislation.

Very anti-crypto
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Sylvia Garcia

@RepSylviaGarcia

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Meme coins and unstable markets put everyday investors at serious risk, and the Republican Calamity Crypto bill only makes it worse. I’m fighting in @USHouseFSC to make sure we have real regulations that protect consumers from scams, fraud, and financial chaos. People deserve security. @HouseDemocrats @HouseDPCC
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Very anti-crypto
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Sylvia Garcia

@RepSylviaGarcia

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Trump isn’t just pushing crypto—he’s using the presidency to cash in on it. His friends and family are running shady firms like World Liberty Financial while he guts the rules meant to protect hard-working Americans from fraud and abuse. This is pure corruption. @USHouseFSC pic.x.com/FSK2g48aOo
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Somewhat anti-crypto
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Sylvia Garcia

@RepSylviaGarcia

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Funny how that works — Trump and his billionaire buddies invest in and promote the crypto industry, then suddenly prosecutors are told to back off. The @TheJusticeDept and @SECGov need to do their jobs. I’m fighting to protect working families from getting scammed while the ultra-wealthy continue to line their pockets at the expense of working people. @USHouseFSC
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Very anti-crypto
Neutral on crypto
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Sylvia Garcia

@RepSylviaGarcia

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Republicans are fast-tracking a stablecoin bill that allows Donald Trump, his family, and Elon Musk to continue to corruptly cash in on shady crypto schemes—all while Trump sits in the Oval Office. No rules. No accountability. Just profit off the backs of everyday investors and pic.x.com/fwBO58pvCKblecoin industry wants legitimacy, there must be real oversight to ensure we protect consumers.
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Very anti-crypto
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Sylvia Garcia

@RepSylviaGarcia

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We need strong guardrails to make sure working Americans can safely and securely use crypto and stablecoins. I'm fighting for these critical protections at @USHouseFSC because using these platforms shouldn't come at the expense of consumer safety. pic.x.com/kGL80ZrJNh
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Somewhat anti-crypto
profile picture of Sylvia Garcia

Sylvia Garcia

@RepSylviaGarcia

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The cryptocurrency industry talks a big game about inclusion, especially for the unbanked—but so far, it’s just talk. As a member of the @USHouseFSC Digital Assets Subcommittee, I’m working to ensure sure real financial inclusion, so no one gets left behind. pic.x.com/Hg4QPN1Tdy
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Very anti-crypto
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Sylvia Garcia

@RepSylviaGarcia

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Another busy and productive week serving residents from TX-29! I joined @repcasar, @DoloresHuerta, and others at a vigil fighting for workers' rights. I attended the @FSCDems committee hearing to implement regulations for payment stablecoins. And much more! pic.x.com/2EBe8UhYEm
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Neutral on crypto
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Sylvia Garcia

@RepSylviaGarcia

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RT @FSCDems: Today, the GOP is forcing the Cmte to markup a stablecoins bill that is TERRIBLE for consumers & BAD for our financial system.…
Very anti-crypto
Very anti-crypto
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Sylvia Garcia

@RepSylviaGarcia

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ICYMI: @FSCDems and I explored ways we can institute fair financial guardrails for the stablecoins industry. It’s a rapidly growing market so we must make sure these products are helping *not hurting* people without access to banking or expensive technology. pic.x.com/xLTxyQxkwr
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Somewhat pro-crypto
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Sylvia Garcia

@RepSylviaGarcia

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This week, we accomplished many important things for the people of TX-29. Just this week, we: ✅ Passed the #NDAA that includes reforms for #JusticeForVanessaGuillen ✅ Held a @FSCDems hearing with #crypto business leaders on financial access ✅ Passed a bill to avoid default https://t.co/UXGqOpNua3
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Neutral on crypto
profile picture of Sylvia Garcia

Sylvia Garcia

@RepSylviaGarcia

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Earlier today, I spoke in @FSCDems about the importance of access to financial services in underserved areas, especially for migrant workers. It is important for emerging technologies like #cryptocurrencies to uplift everyone, no matter who they are or where they're from. pic.x.com/I0q78rlFLC
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Somewhat pro-crypto
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Sylvia Garcia

@RepSylviaGarcia

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Today, my colleagues and I on @FSCDems will hold a hearing to discuss digital assets like #cryptocurrency & the future of finance. It is critical to protect consumers while preserving innovation & opportunity. Join us live here 🔽 youtu.be/4oOTvtupND8
Neutral on crypto
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Sylvia Garcia

@RepSylviaGarcia

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In the emerging #stablecoin space, it is critical to strike a balance between addressing consumer risk & fostering innovation.   @POTUS's Working Group issued a report today on this issue. I'm ready to act now to create a safe, viable regulatory space for this sector.
Somewhat pro-crypto
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Sylvia Garcia

@RepSylviaGarcia

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American consumers shouldn’t be left holding the bag when nefarious actors put our markets at risk. We need to protect our financial markets by properly regulating #stablecoins, and strike a balance between fostering innovation and security. cnbc.com/2021/08/18/the…
Somewhat pro-crypto
profile picture of Sylvia Garcia

Sylvia Garcia

@RepSylviaGarcia

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#Crypto currencies present great opportunities to expand financial access in the 21st century, but they also come with risks. Today, I spoke on the @FSCDems Subcmte. to explore how we can can facilitate innovation while protecting American consumers. My remarks and questions 🔽 pic.x.com/5lXgxjkMsZ
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Somewhat pro-crypto