Signees: Reps. Patrick McHenry (R-NC), French Hill (R-AR), Bill Huizenga (R-MI)

To: Federal Reserve Chairman Jerome Powell

Re: Objecting to recent Fed efforts to thwart Congressional efforts to enact clear stablecoin regulations.

Signees: Rep. Sean Casten (D-IL)

To: Daniel Shulman, CEO, PayPal

Re: Seeking answers from PayPal re specifics of how it will launch a PayPal USD stablecoin in conjunction with Paxos Trust Company.

Signees: Reps. Patrick McHenry (HFSC Chairman) (R-NC), Bill Huizenga (R-MI), Blaine Luetkemeyer (R-MO), Ann Wagner (R-MO), Andy Barr (R-KY), French Hill (R-AR), Warren Davidson (R-OH), Pete Sessions (R-TX), Roger Williams (R-TX), Tom Emmer (R-MN), Barry Loudermilk (R-GA), Alexander Mooney (R-WV), John Rose (R-TN), Ralph Norman (R-SC), Scott Fitzgerald (R-WI), Andrew Garbarino (R-NY), Young Kim (R-CA), Byron Donalds (R-FL), Mike Flood (R-NE), Michael Lawler (R-NY), Zach Nunn (R-IA), Monica De La Cruz (R-TX), Andy Ogles (R-TN).

To: SEC Chair Gary Gensler

Re: Requesting all documents related to Prometheum’s application to become a special purpose broker dealer and raising concerns with the SEC’s decision to approve it.

Signees: Senators Elizabeth Warren (D-MA), Bob Casey (D-PA), Richard Blumenthal (D-CT), and Bernie Sanders (I-VT)

To: Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel

Re: Urging Treasury and IRS to issue implementation rules for new digital asset broker reporting requirements under the IIJA.

Signees: Rep. Gus Bilirakis (R-FL) & Jan Schakowsky (D-IL)

To: Tim Cook, CEO, Apple

Re: App Store's policies and whether they are limiting innovative potential of blockchains and NFTs

Signees: Senators John Boozman (R-AR), Debbie Stabenow (D-MI); Reps. Glenn Thompson (R-PA), David Scott (D-GA).

To: SEC Chairman Gary Gensler

Re: Urging the SEC to withdraw its proposed custody rule given its potentially harmful impact on derivative and commodity markets, including digital commodities.

Signees: Rep. Ritchie Torres (D-NY)

To: Inspector General of SEC & Comptroller of GAO

Re: Calling for independent investigation into SEC’s decision to grant a special purpose broker dealer license to Prometheum.

Signees: Senator Tommy Tuberville (R-AL), Reps. Blaine Luetkemeyer (R-MO), Barry Loudermilk (R- GA), Ralph Norman (R-SC), Byron Donalds (R-FL), Mark Alford (R-MO).

To: Attorney General Merrick Garland & SEC Chair Gary Gensler.

Re: Concerns that Prometheum, Inc. provided false testimony to Congress or violated U.S. securities laws.

Signees: HFSC Republicans

To: SEC Secretary

Re: Urging the SEC to rescind proposed rulemaking regarding the definition of exchange.

Signees: Senators Elizabeth Warren (D-MA) & Chris Van Hollen (D-MA)

To: Attorney General Merrick Garland

Re: Urging the DoJ to investigate Binance for making false statements to Congress in a recent letter responding to the Senators’ inquiries about disregarding federal securities laws.

Signees: Reps. Brad Sherman (D-CA), Stephen Lynch (D-MA)

To: Treasury Secretary Yellen and IRS Commissioner Daniel Werfel

Re: Urging the IRS to release proposed guidance for the 2021 infrastructure law’s tax reporting requirements.

Signees: Sen. Bill Hagerty (R-TN) & Rep. French Hill (R-AR)

To: SEC Chair Gensler

Re: Expressing concern with the substance and process behind the Investor Advisory Committee's recent letter finding "virtually all, if not all, crypto tokens are securities."

Signees: Reps. Ritchie Torres (D-NY) & Mike Flood (R-NE)

To: SEC Chair Gensler

Re: Urging the Commission to maintain a pathway for state regulated custodians when finalizing the proposed custody rule.

Signees: Reps. Stephen F. Lynch (D-MA), Ayana Pressley (D-MA), Rashida Tlaib (D-MI).

To: Treasury Secretary Yellen

Re: Urging Secretary Yellen to prioritize the design and implementation of anonymity and privacy features as the Treasury Department examines development of Central Bank Digital Currency.

Signees: Reps. Patrick McHenry (R-NC), Blaine Luetkemeyer (R-MO), Bill Huizenga (R-MI), Ann Wagner (R-MO), Andy Barr (R-KY), and Warren Davidson (R-OH) (HFSC Chair and Subcommittee Chairs)

To: Secretary of the SEC

Re: Urges the SEC to withdraw its proposed custody rule because it (1) exceeds the agency’s statutory authority; (2) reshapes traditional custody fundamentally; (3) imposes an outsized impact on digital asset market participants.

Signees: HFSC Chair Patrick McHenry & Subcommittee on Oversight & Investigations Chair Bill Huizenga

To: SEC Chair Gensler

Re: Urging SEC to produce documents, including a list of crypto firms who have tried to register with the SEC and the staff memo recommending filing charges against SBF.

Signee: HFSC Chairman Patrick McHenry (R-NC)

To: House Appropriation Chairwoman Kay Granger (R-TX) and Rosa DeLauro (D-CT)

Re: Outlining items to consider while prioritizing FY 2024 funding levels, including prohibiting a budget increase for SEC Division of Enforcement, prohibit funding for SAB 121, prohibit funding to enforce the SEC’s proposed custody rule.

Signees: Reps. Warren Davidson (R-OH) & Mike Flood (R-NE)

To: CEA Chair Cecilia Rouse

Re: Expresses concern over the White House's change of tone on digital assets and warning its hostile view towards crypto may only drive economic growth offshore.

Directs five questions to the CEA questioning the rationale behind various statements in the CEA’s March 2023 Economic Report.

Signees: All Republican Members of the House Financial Services Committee

To: SEC Chair Gensler

Re: Urging SEC Chair to provide clear and tailored rules for the digital asset industry and expressing concerns with regulation by enforcement.

Signees: Rep. Warren Davidson (R-OH)

To: House colleagues

Re: Urging House colleagues to encourage their state legislators and governors to reject any UCC amendments that enable a CBDC.

Signees: Senators Elizabeth Warren (D-MA), Rod Wyden (D-OR)

To: Erica Y. Wiliams, Chair of the Public Company Accounting Oversight Board (PCAOB)

Re: Increasing scrutiny of audits of crypto firms and concerns with “proof-of-reserves” checks substituting for full audits.

Signees: Rep. Tom Emmer (R-MN) (House Majority Whip)

To: FDIC Chairman Marty Gruenberg

Re: Concerns regarding reports the FDIC may be weaponizing recent financial instability to purge digital assets from the U.S. and discouraging banks from working with crypto firms.

Signees: Senators Bill Hagerty (R-TN), Mike Crapo (R-ID), Steve Daines (R-MT), and Thom Tillis (R-NC)

To: Federal Reserve Chairman Powell, Acting Comptroller Michael Hsu, FDIC Chairman Marty Gruenberg

Re: Concerns with banking regulators’ unfairly targeting crypto-related companies and calling for clear guidance and proposed rules.

Signees: Senator Cynthia Lummis (R-WY) & Rep. Patrick McHenry (R-NC) (Chairman House Financial Services Committee).

To: Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and National Credit Union Administration.

Re: SEC’s Staff Accounting Bulletin 121’s impact on financial institutions’ willingness to custody digital assets.

Signees: Senators Elizabeth Warren (D-MA), Chris Van Hollen (D-MD), Roger Marshall (R-KS)

To: CEOs of Binance and Binance.US

Re: Growing concerns over the finances, risk management, and regulatory compliance of Binance, Binance.US, and other related entities.

Signees: Rep. Maxine Waters (Ranking Member of House Financial Services)

To: Chairman of House Financial Services Patrick McHenry

Re: Requesting the Chairman have SBF testify at a Committee hearing and criticizing the Chairman’s letter to the SEC Chair from the same day.

Signees: House Financial Services Chairman Patrick McHenry (R-NC); Bill Huizenga (R-MI) (Chairman of House Financial Services Subcommittee on Oversight).

To: SEC Chair Gary Gensler

Re: Requesting documents regarding communications between SEC employees, including Chair Gensler, regarding the charges filed against SBF by the SEC and DOJ, and questioning the timing of the charges brought against FTX and any coordination that may have occurred between the SEC and DOJ.

Signees: Senators Elizabeth Warren (D-MA), Roger Marshall (R-KS), and John Kennedy (R-LA)

To: Silvergate Bank CEO

Re: Criticizing Silvergate’s response to the Senators’ December 5 letter (see below) and asking more questions about the extent to which Silvergate may have transferred FTX customer funds to Alameda and the bank's compliance and risk management processes.

Signees: Senators John Hickenlooper (D-CO), Thom Tillis (R-NC), Elizabeth Warren (D-MA), Cynthia Lummis (R-WY).

To: Honorable Judge John Dorsey, U.S. Bankruptcy Court for the District of Delaware

Re: Urging Judge to support the U.S. Trustee’s Motion (Doc. 176) to Appoint an Independent Examiner to have full authority and resources to conduct a thorough, objective, investigation of the activities that led to the collapse of FTX.

Signees: Rep. Patrick McHenry

To: Treasury Secretary Janet Yellen

Re: Requesting that Treasury prioritize rulemaking for provisions under the Infrastructure Investment and Jobs Act (IIJA) expanding the definition of “broker” for digital asset reporting requirements and delay any related compliance requirements.

Signees: Senators Elizabeth Warren (D-MA), John Kennedy (R-LA), Roger Marshall (R-KS)

To: Alan Lane, CEO, Silvergate Capital Corporation

Re: Seeking information regarding Silvergate’s relationship with several crypto firms founded by SBF and concerns about Silvergate’s role in transferring FTX customer funds to Alameda Research to fund risky bets.

Signee: Senator Sherrod Brown (D-OH)

To: Treasury Secretary Janet Yellen

Re: The need for Congress, Treasury, and other federal regulators to work together to develop a broad regulatory framework for all crypto assets.

Signee: Senator Ron Wyden (D-OR)

To: CEOs of Binance.US, Bitfinex, Coinbase, Gemini, Kraken, and KuCoin

Re: Requesting information regarding protections in place for customers in case company fails or faces significant financial distress.

Signees: Senators Dick Durbin (D-IL), Elizabeth Warren (D-MA), Tina Smith (D-MN)

To: Abigail Johnson, CEO, Fidelity Investments

Re: Urging Fidelity Investments to reconsider its decision to allow 401(k) plan sponsors to expose plan participants to bitcoin in light of FTX collapse.

(See July 26 letter below where the same Senators initially urged Fidelity to reconsider its decision).

Signee: Raja Krishnamoorthi (D-IL)

To: Sam Bankman-Fried, Founder and Former CEO, FTX US & John J. Ray III, CEO, FTX US

Re: Requesting “detailed information on the significant liquidity issues faced by FTX, the company’s abrupt decision to declare bankruptcy, and the potential impact of these actions on customers who used your exchange.”

Signees: Senators Elizabeth Warren (D-MA), Dick Durbin (D-IL).

To: Sam Bankman-Fried, Controlling Owner, Paper Bird Inc., and John Jay Ray III, CEO, FTX Trading Ltd.

Re: Requesting documents and information regarding the accounting and business practices and financial activities leading up to and following FTX’s collapse and the loss of billions of dollars of customer funds.

Signees: Senator Elizabeth Warren (D-MA), Rep. Alexandria Ocasio-Cortez (D-NY), Senator Sheldon Whitehouse (D-RI), Rep. Jesus “Chuy” Garcia (D-Il), Rep. Rashida Tlaib (D-MI)

To: Heads of SEC, CFTC, Treasury, Federal Reserve, OCC, CFB

Re: Concerns that the “crypto revolving door risks corrupting the policymaking process and undermining the public’s trust in our financial regulators.”

Signees: Sen. John Hickenlooper (D-CO)

To: SEC Chair Gary Gensler

Re: Urging the SEC to issue regulations for digital asset securities through a transparent notice-and-comment regulatory process.

Signees: Reps. Patrick McHenry (R-NC), French Hill (R-AR), Ann Wagner (R-MO), Blaine Luetkemeyer (R-MO), Bill Huizenga (R-MI), Andy Barr (R- KY), Tom Emmer (R-MN), Warren Davidson (R-OH), Ted Budd (R-NC), Anthony Gonzalez (R-OH), and Bryan Steil (R-WI).

To: Attorney General, Merrick Garland

Re: Requesting that the DOJ provide a copy of the assessment on whether authorizing legislation for a U.S. CBDC is necessary, and any corresponding legislative proposal, to the House Committee on Financial Services by October 15, 2022.

Signees: Senators Bob Menedez (D-NJ), Sherrod Brown (D-OH), Elizabeth Warren (D-MA), Dianne Feinstein (D-CA), Bernie Sanders (D-VT), Cory Booker (D-NJ).

To: Mark Zuckerberg, CEO, Meta

Re: Requesting information regarding Meta’s efforts to combat cryptocurrency scams on its social media platforms, including Facebook, Instagram, and WhatsApp.

Signee: Rep. Tom Emmer (R-MN)

To: Treasury Secretary Janet Yellen

Re: Requesting clarification regarding OFAC’s unprecedented sanctioning of Tornado Cash smart contracts

Signee: Senator Pat Toomey (R-PA)

To: Martin Gruenberg, Director and Acting Chairman of the Federal Deposit Insurance Corporation (“FDIC”)

Re: Whistleblower reports that FDIC headquarters may be discouraging banks from expanding their relationships with lawful crypto firms

Signees: Senators Elizabeth Warren (D-MA), Richard J. Durbin (D-IL), Sheldon Whitehouse (D-RI), Bernard Sanders (D-VT).

To: Acting Comptroller of the Currency, Michael J. Hsu

Re: Concerns re: the OCC’s November 2021 interpretive letter authorizing banks to engage in certain crypto activities, such as providing crypto custody service for customers, holding deposits that serve as reserves for certain stablecoins, and using blockchain to verify bank-to-bank transactions

Signees: Senators Dick Durbin (D-IL), Elizabeth Warren (D-MA), Tina Smith (D-MN)

To: Abigail Johnson, CEO, Fidelity Investments

Re: Urging Fidelity Investments to reconsider its decision to allow 401(k) plan sponsors to expose plan participants to Bitcoin.

Signees: Sens. Elizabeth Warren (D-MA), Sheldon Whitehouse (D-RI), Jeffrey Merkley (D-OR), Edward Markey (D-MA); Reps. Jared Huffman (D-CA), Rashida Tlaib (D-MI).

To: Administrator of the Environmental Protection Agency & Secretary of the Department of Energy

Re: Providing new information on an investigation of the environmental impacts of cryptocurrency mining, and requesting that EPA and DOE work together to require emissions and energy use reporting by cryptominers

Signees: Senators Cynthia Lummis (R-WY), Bill Hagerty (R-TN), Kevin Cramer (R-ND), Steve Daines (R-MT), and Representatives Patrick McHenry (R-NC), Pete Sessions (R-TX), Bill Posey (R-FL), Bill Huizenga (R-MI), Tom Emmer (R-MN), Anthony Gonzalez (R-OH), William Timmons (R-SC), Andy Barr (R-KY), Bryan Steil (R-WI), and Ralph Norman (R-SC).

To: Michael S. Regan, Administrator, United States Environmental Protection Agency

Re: Ensuring that the Environmental Protection Agency pursues a comprehensive analysis as it relates to understanding the potential environmental effects of digital asset mining

Signees: Sens. Bill Hagerty (R-TN), Thom Tillis (R-NC), Cynthia Lummis (R-WY), Mike Crapo (R-ID), and Michael Rounds (R-SD).

To: SEC Chairman Gary Gensler

Re: Concerns regarding the lack of process and public input for Staff Accounting Bulletin 121

Signees: Sens. Sheldon Whitehouse, Elizabeth Warren (D-MA), Tina Smith (D-MN), Jeff Merkley (D-OR), and Ed Markey (D-MA)

To: Office of Science and Technology Policy

Re: Commenting on the Office of Science and Technology Policy’s Request for Information on the Climate and Energy Implications of Digital Assets, and recommending that the United States restrict energy use for cryptomining to verified new, zero carbon sources and to increase transparency on energy usage.

Signees: Financial Services Committee Republicans.

To: Fed Chairman Powell

Re: Outlines guiding principles for evaluating a U.S. CBDC and concerns with potential risks a CBDC poses to consumers, commercial banks, and the existing payment system

Signees: Signees: Reps. Tom Emmer (R-MN), Darren Soto (D-FL), Warren Davidson (R-OH), Jake Auchincloss (D-MA), Byron Donalds (R-FL), Josh Gottheimer (D-NJ), Ted Budd (R-NC), Ritchie Torres (D-NY).

To: Financial Accounting Standards Board (“FASB”)

Re: Urging FASB to establish accounting standards that afford companies clear alternatives to determining the accounting treatment for digital assets maintained on their books.

Signees: Sens. Elizabeth Warren (D-MA) & Tina Smith (D-MN)

To: Fidelity

Re: Concerns with risks stemming from Fidelity’s announcement to add Bitcoin as an investment option under its 401(k) offerings.

Signees: Reps. Jared Huffman (D-CA), Alan Lowenthal (D-CA), Jesus G. “Chuy” Garcia (D-IL), Rashida Tlaib (D-MI), Alexandra Ocasio-Cortez (D-NY), Brad Sherman (D-CA), Diana DeGette (D-CO), Jamaal Bowman (D-NY), Donald McEachin (D-VA), John P. Sarbanes (D-MD), Marie Newman (D-IL), Kathy Castor (D-FL), Dina Titus (D-NV), Andre Carson (D-IN), Mark Takano (D-CA), Bobby L. Rush (D-IL), Adriano Espaillat (D-NY), Jerry McNerney (D-CA), Steve Cohen (D-TN), Jan Schakowsky (D-IL), James P. McGovern (D-MA), Mark DeSaulnier (D-CA), Mary Gay Scanlon (D-PA).

To: EPA

Re: Environmental concerns related to proof-of-work mining operations.

See response from Michael Saylor, Jack Dorsey et. al. here.

Signees: Reps. Patrick McHenry (R-NC) and Bill Huizenga (R-MI).

To: SEC

Re: Concerns stemming from two proposed rules and their potential impact on crypto and de-fi industry, as well as concerns with SEC shortening the public comment period generally.

Signees: Reps. Tom Emmer (R-MN), Darren Soto (D-FL), Warren Davidson (R-OH), Jake Auchincloss (D-MA), Byron Donalds (R-FL), Josh Gottheimer (D-NJ), Ted Budd (R-NC), Ritchie Torres (D-NY).

To: SEC

Re: Concerns related to SEC using Enforcement division to target crypto and blockchain firms.