Providing for Consideration of H.R. Department of Defense Appropriations Act, Providing for Consideration of H.R. Digital Asset Market Clarity Act of Providing for Consideration of H.R. Anti-Cbdc Surveillance State Act; Providing for Consideration of S. Guiding and Establishing National Innovation for U.S. Stablecoins Act; and Waiving A Requirement of Clause 6(A) of Rule Xiii with Respect to Consideration of Certain Resolutions Reported From the Committee on Rules

Floor Speech

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Mrs. HOUCHIN. Mr. Speaker, I thank the gentleman from Georgia for yielding, and I congratulate him for managing his first rule on the House floor. His constituents are lucky to have him representing them in the House of Representatives.

Mr. Speaker, I rise in support of the rule and the underlying legislation. This is an important week in the House as we take up legislation to fund our military and advance several key financial services bills, including efforts to establish a clear market structure for cryptocurrency and protect Americans' financial privacy by blocking a surveillance-style central bank digital currency.

Let me begin with the Defense appropriations bill. Chairman Calvert and his team have, once again, delivered a strong, thoughtful proposal that makes strategic investments in American military superiority, strengthens our southern border, and, most importantly, takes care of our troops and their families.

I am especially proud that the rule makes in order several of my amendments, including those that highlight the importance of continued support for the advanced combat engine and innovative semiconductor production, two areas critical to our national security and future readiness.

On the financial services front, as a former member of the Financial Services Committee, I am encouraged to see Chairman Hill and Chairman Thompson leading the charge to ensure America remains a global leader in the fintech sector.

This package brings regulatory clarity to the digital asset ecosystem, promotes market innovation, and protects Americans' financial freedom and privacy by prohibiting the Federal Reserve from issuing a CBDC without congressional approval.

These bills are the product of years of thoughtful, collaborative work, some of which I was proud to contribute to.

These bills ensure that we remain a leader in the digital asset ecosystem and will strengthen the U.S. dollar as a global currency.

Mr. Speaker, I urge the passage of this rule and all of these bills.

Finally, to our friends on the other side of the aisle regarding the amendment that was offered in our Rules Committee last night that several Republicans voted against, it is a stretch on germaneness, although it was ruled germane. I do find it incredibly interesting that our colleagues on the other side of the aisle suddenly want to force this issue because it is politically expedient, even though they did not release any of it when they were in charge.

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