I believe the United States should be a leader in creating a forward-looking, pro-innovation crypto policy. This means avoiding burdensome government regulation and opposing efforts to create central bank digital currencies (CBDCs).
Pursue a pro-innovation U.S. crypto policy, avoid burdensome regulation, and oppose central bank digital currencies.
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
Cosponsor Date Cosponsored ... Rep. McDowell, Addison [R-NC-6]* 03/06/2025 ... H.R. 1919 ... prohibits a Federal Reserve bank from offering products or services directly to an individual ... or issuing a central bank digital currency.
legacy_unverified · Source version not recorded · locator unknown
GovInfo records H.R. 10017, the Permanent CBDC Ban Act, as introduced on August 3, 2026 and referred to the House Committee on Financial Services. The action text lists Addison P. McDowell among the members for whom Rep. Cloud introduced the bill, and the full title says the bill would permanently prohibit the Federal Reserve Board or a Federal Reserve bank from issuing or creating a central bank digital currency.
legacy_unverified · Source version not recorded · locator unknown
The House Clerk records Roll Call 200 on July 17, 2025 for S. 1582, the GENIUS Act, on passage. The measure passed 308-122, and the roll call lists McDowell, Republican of North Carolina, as voting Yea.
Assessments
McDowell took concrete same-term actions aligned with the promise: he voted for S. 1582, the GENIUS Act, which passed Congress and became Public Law 119-27 on July 18, 2025, and he cosponsored or joined anti-CBDC legislation including H.R. 1919 and H.R. 10017. That supports credit for pursuing pro-innovation crypto policy and opposing CBDCs. However, the broader promise is not fully delivered because the anti-CBDC ban itself had not become law and the evidence does not establish that burdensome regulation was broadly avoided across U.S. crypto policy.
McDowell took a concrete same-term federal action aligned with the promise by cosponsoring H.R. 1919, the Anti-CBDC Surveillance State Act, which directly addresses the anti-CBDC portion of the pledge. The provided evidence supports effort and material advancement, but it does not establish that the broader promised outcome, a pro-innovation U.S. crypto policy with reduced regulatory burden and opposition to CBDCs, was enacted or otherwise delivered as federal policy. Because the evidence shows a serious legislative attempt but not full fulfillment, this is partial credit rather than delivered.