Ro Khanna
- CACalifornia
- District 17 Representative
Ro Khanna (D)
CaliforniaDistrict 17 RepresentativeOffice:
306 Cannon House Office Building Washington DC 20515-0517
Memberships:
- House Committee on Armed Services
- House Committee on Oversight and Accountability
- House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party
Terms:
- 2023 to 2025 - CA District 17 Representative
- 2021 to 2023 - CA District 17 Representative
- 2019 to 2021 - CA District 17 Representative
- 2017 to 2019 - CA District 17 Representative
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Ro Khanna's Record on Bitcoin, Cryptocurrencies, and Blockchain
- 10/2/2024, 12:01:46 AM
Positive. +1
Representative Khanna Tweeted:
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Reference LinkSubmitted By: Anonymous - 9/26/2024, 8:01:37 PM
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Representative Khanna Tweeted:
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Reference LinkSubmitted By: Anonymous - 7/26/2024, 3:24:32 PM
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Representative Khanna Tweeted:
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Reference LinkSubmitted By: Anonymous - 7/11/2024, 4:29:18 PM
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11-Jul-2024: Ro Khanna voted FOR H J RES 109 H J RES 109 Title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Staff Accounting Bulletin No. 121”
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 6/10/2024, 9:08:59 PM
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Representative Khanna Tweeted:
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Reference LinkSubmitted By: Anonymous - 5/23/2024, 2:41:13 PM
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22-May-2024: Ro Khanna voted FOR H R 4763 H R 4763 Title: Financial Innovation and Technology for the 21st Century Act
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 5/16/2024, 9:33:25 PM
Negative. +1
8-May-2024: Ro Khanna voted AGAINST H J RES 109 H J RES 109 Title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to “Staff Accounting Bulletin No. 121”
Reference LinkSubmitted By: ElectBitcoin.org Congressional Vote History - 6/24/2023, 1:02:47 AM
Positive. +1
Representative Khanna Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/24/2023, 1:01:39 AM
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Representative Khanna Tweeted:
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Reference LinkSubmitted By: Anonymous - 6/24/2023, 1:00:32 AM
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Representative Khanna Tweeted:
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Reference LinkSubmitted By: Anonymous - 8/29/2021, 10:46:43 PM
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Rep Khanna Tweets support for amending the burdensome cryptocurrency provision of the infrastructure bill: 'We absolutely need to ensure tax compliance for crypto but without picking winners and losers in the industry or ensnaring software developers and miners. We need well crafted regulation.'
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Reference LinkSubmitted By: Anonymous - 8/29/2021, 10:43:42 PM
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Rep Khanna chimes in on the Bitcoin mining energy debate in a twitter thread: 'Agree on energy usage needing to be solved but has to be compared with gold, finance and other stores of value. But that is a big challenge. I’m not a techno utopian but think blockchain and crypto have many uses that are here to stay.' 'Lots of work must be done. But Crypto miners are incentivized to use lowest cost of energy like renewables — cld lead to massive investments in clean energy. Gold mining $10 trillion market is destructive to the environment. And re: electricity costs, finance is high too' n n'You can be for M4A, $15, free public college, Green New Deal, stronger unions, Pro Act, ending fossil fuel subsidies, ending endless wars, defense cuts and still believe blockchain and tech power to do good properly regulated. Progressives don’t have to reject tech but shape it.'
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Reference LinkSubmitted By: Anonymous - 8/29/2021, 10:34:22 PM
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U.S. Representatives Tom Emmer (R-Minn.), Darren Soto (D-Fla.) and Ro Khanna (D-Calif) have reintroduced a bill to define how federal regulators should treat cryptocurrencies. If signed into law, the Securities Clarity Act would treat digital assets as commodities, not securities, meaning startups would be free to sell and trade cryptocurrencies without having to worry about registering them as securities with the Securities Exchange Commission (SEC). Emmer, the bill's lead sponsor and a member of the Congressional Blockchain Caucus, said "regulatory uncertainty" has been harmful to the crypto industry's growth within the U.S. "There has been an unreasonable approach by regulators as to how federal securities laws should be applied to transactions involving the sale of blockchain-based tokens, and this lack of clarity is hurting American innovation,” Emmer said. This bill has been endorsed by the Chamber of Digital Commerce, the Blockchain Association and Coin Center.
Reference LinkSubmitted By: Anonymous - 8/29/2021, 10:28:32 PM
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Rep Khanna Tweets: "#Bitcoin uses energy like cars, gold, & finance. Valuable things require energy. Mining must be greener. The BTC #LightningNetwork reduces consumption. We need BTC owners like @jack @elonmusk @Tesla to continue to drive clean energy innovation."
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Reference LinkSubmitted By: Anonymous - 8/29/2021, 10:27:46 PM
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Rep Khanna Tweets: 'Bitcoin like digital gold cannot be devalued & it’s decentralization promotes transnational exchange & provides a check against economic mismanagement. Lets nurture it but protect consumers, prevent abuse, & invest in less carbon intensive mining. That should happen in America.'
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Reference LinkSubmitted By: Anonymous - 8/29/2021, 10:26:48 PM
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Rep Khanna Tweeted: "A single bitcoin transaction uses enough electricity to power a home for weeks. As cryptocurrencies become more popular, we should tax the energy consumption from mining to avoid an energy crisis."
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Reference LinkSubmitted By: Anonymous - 8/29/2021, 10:21:20 PM
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Crypto-friendly House Democrats are plotting a long-shot bid to scale back digital currency tax rules tucked into President Joe Biden’s infrastructure plan, threatening to prolong a lobbying battle that snarled the legislation in the Senate. At issue in the fight are proposed requirements that would force cryptocurrency exchanges and other firms to report transaction information to the Internal Revenue Service, similar to rules in place for stock brokers. As drafted, industry lobbyists and sympathetic lawmakers say the plan threatens technological innovation and the viability of a growing sector of the U.S. economy. Leading the charge in the House are California Democrats in the orbit of Silicon Valley, including Reps. Ro Khanna, Eric Swalwell and Anna Eshoo. They’re being joined in the fight by cryptocurrency enthusiasts such as Reps. Bill Foster (D-Ill.) and Darren Soto (D-Fla.), who have already started rallying support to amend the infrastructure bill.
Reference LinkSubmitted By: Anonymous - 8/29/2021, 9:36:56 PM
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Members of Congress are urging the federal government to use blockchain solutions to boost COVID-19 relief efforts. In a Wednesday letter addressed to the U.S. President Donald Trump and federal officials, lawmakers said blockchain technology can help identify and authenticate individuals set to receive government benefits, streamline supply chains and create a registry of medical professionals. This is the latest development in a trend of U.S. lawmakers actively advocating for blockchain applications and virtual currencies, with representatives re-introducing bipartisan legislation in January that would reduce the tax burden on small crypto transactions, and Massachusetts Representative Stephen Lynch (D-Mass.) proposing a bill in April to record national stockpiles on a blockchain. The letter was led by the four co-chairs of the Congressional Blockchain Caucus: Reps. Tom Emmer (R-Minn.), Bill Foster (D-Ill.), David Schweikert (R-Ariz.) and Darren Soto (D-Fla.). They were joined by Caucus members Stephen Lynch, Warren Davidson (R-Ohio), Jerry McNerney (D-Calif.), Matt Gaetz (R-Fla.) and Ro Khanna (D-Calif.).
Reference LinkSubmitted By: Anonymous - 8/19/2021, 9:36:14 PM
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U.S. Rep. Tom Emmer (R-Minn) and a bipartisan group from the House Blockchain Caucus want IRS Commissioner Charles Rettig to change the federal agency’s guidance on how it considers charitable, cryptocurrency donations of more than $5,000, according to a letter sent Thursday. The Internal Revenue Service currently requires taxpayers to have an IRS appraiser determine the value of their cryptocurrency donations. That differs from the IRS’ guidance on cryptocurrency purchases and sales, which allows taxpayers to calculate their obligations based on free market value. The Blockchain Caucus’ chairs, Emmer, Darren Soto (D-Fla.), David Schweikert (R-Ariz.) and Bill Foster (D-Ill.), and Caucus members Ted Budd (R-N.C.), Ro Khanna (D-Calif.) and Josh Gottheimer (D-N.J.) signed the letter, which asked Rettig to amend the tax code’s Form 8283, the Noncash Charitable Contributions Form, to allow fair market evaluation for crypto donations.
Reference LinkSubmitted By: Anonymous - 8/19/2021, 7:19:15 PM
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Legislation introduced by the Silicon Valley congressman on Friday includes proposals that would affect multiple federal agencies and stand up the Federal Institute of Technology. Deemed FIT for short, that institute would be a portion of lawmakers’ broader aims to make technology-centered investments, particularly in rural areas. Reps. Suzan DelBene, D-Wash., Dwight Evans, D-Penn., and Nanette Diaz Barragán, D-Calif., co-sponsored the bill. Funding would be distributed across federal, state and local agencies to promote research into “certain technology sectors,” including cybersecurity, artificial intelligence, blockchain, biotechnology, telecommunications, and more.
Reference LinkSubmitted By: Anonymous - 8/17/2021, 9:22:25 PM
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Rep. Khanna is a member of the Congressional Blockchain Caucus.
Reference LinkSubmitted By: Anonymous