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David Scott

Democratic Congressperson from Georgia, 13

Notable statements

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…”

David Scott was one of the representatives who voted against advancing this pro-crypto legislation.

Very anti-crypto
Quoted from www.coindesk.com on Jun 10th, 2025

"The House Agriculture Committee sent a major bipartisan message with a 47-6 advancement of the U.S. crypto market structure bill on Tuesday, marking the first of several expected developments in the advancement of digital assets legislation expected this week."

David Scott was one of the representatives who voted against advancing this pro-crypto legislation.

Very anti-crypto
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David Scott

@repdavidscott

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At today’s @USHouseFSC hearing, I raised concerns about the CLARITY Act. Crypto firms must meet SEC-level standards, not bypass oversight. With a history of misconduct and collapse, we must prioritize fairness, accountability, and investor protection. pic.x.com/lFrWG7brL1
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Very anti-crypto
profile picture of David Scott

David Scott

@repdavidscott

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The STABLE Act fails to establish clear refund/insurance rules, exposing consumers to losses w/o real avenues of redress. It also fails to provide recourse for mismanagement & fraud. If stablecoin issuers become insolvent or misuse reserves, what protections do you get? Not many. pic.x.com/swUybVOBFD
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Somewhat anti-crypto
Quoted from docs.house.gov on Jul 26th, 2023

Representative David Scott voted against advancing H.R. 4763, the Financial Innovation and Technology for the 21st Century Act, out of the House Financial Services Committee. The recorded vote showed 35 ayes to 15 nays.

H.R. 4763, the Financial Innovation and Technology for the 21st Century Act is a comprehensive market structure bill that would protect consumers, ensure crypto companies have robust rules, and create clarity for job creators and blockchain builders.

Very anti-crypto