Rep. Dusty Johnson: ’Shutdowns are Stupid’

Watch on YouTube ↗  |  August 07, 2026 at 23:09  |  6:13  |  Bloomberg Markets
Speakers
Dusty Johnson — Chair, Digital Assets Subcommittee, House of Representatives

Summary

Congressman Dusty Johnson discusses government funding and the Clarity Act, expressing confidence a shutdown will be avoided and frustration that Senate Democrats are stalling digital asset regulation, which he warns will harm US innovation and investment.

  • Congressman expects no government shutdown; House CR likely to pass with modest Senate changes.
  • Shutdowns are 'stupid' and hurt Americans, not lawmakers.
  • Johnson co-authored the Clarity Act to establish rules for digital assets and crypto.
  • House version passed with broad bipartisan support; Senate version faces Democratic resistance.
  • He warns that failure to pass clarity legislation harms US innovation and investment in digital assets.
  • He supports strong ethics rules around lawmakers trading individual stocks and crypto.
  • No specific investment recommendations or tickers were mentioned.
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