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Warren Davidson: “All the legislation that has passed the House so far passed…”

Featuring: Warren Davidson, Republican | U.S. House Ohio, 8th Congressional District

CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW

Published January 7, 2026 | Video Starts at 11:27

It's one of the things that draws them in. Are we at risk of losing this in the current Clarity act during this markup phase? Yeah, I mean, both. All the legislation that has passed the House so far passed without self custody. And that's a big factor why I voted against the Genius Act. It's a payment stablecoin, and you don't have the ability to use it as a payment as an individual. (11:27–11:33)

CLAIM

Asserts that recent House legislation has passed without provisions for self custody of digital assets.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Warren Davidson

“Banks with a Federal Reserve Master account are getting almost a 4% rake right now just for having money on deposit.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 07:09-07:20
“The Biden administration's war on crypto essentially killed several banks because of this and drove banks out of the sector broadly.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 09:05-09:16
“The founders of [Tornado Cash and Samurai Wallet] were prosecuted for operating a legal money service business.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 14:53-15:00
“Federal Reserve job boards, they're literally hiring people to write code to develop a central bank digital currency.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 24:16-24:23
“The average person conflate[s] everything in the digital asset space with central bank digital currency.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 02:25-02:35
“We should have been leading with a ban on central bank digital currency.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 02:37-02:41
“We at least got a stablecoin bill across the finish line this year.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 03:07-03:11
“They promised to move this bill through Senate banking in September. Last year, they didn't.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 04:15-04:21
“They promised to do it in December, they didn't.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 04:21-04:24
“Now they're promising to vote on it in committee next week.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 04:24-04:29
“No one's come out and said we've got the votes to pass it even out of committee.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 04:31-04:35
“If you don't get it done by June, it doesn't look good.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 05:35-05:40
“Banks can pay interest, but fintech companies, other stablecoin issuers who don't have a bank charter can't pay interest.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 06:37-06:47
“Banks are essentially building momentum to even [ban rewards].”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 06:54-06:58
“The government is trying to limit your ability to have self custody both in the United States, all over the European Union, the European…”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 11:46-11:59
“Previous administrations, including really Steve Mnuchin when he was Secretary of the treasury for President Trump's first Term have tried…”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 11:49-11:59
“Congress hasn't taken action and that ill-defined nature has left the executive branch the ability to go with Elizabeth Warren's anti-crypto…”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 16:07-16:25
“The point of Congress is to pass a law that provides these protections.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 16:30-16:35
“Self custody, for example, is one of the main reasons that I was concerned about House legislation here.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 17:21-17:27
“The Senate seems to have gotten that message and they're working hard to provide some level of protection for self custody.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 17:28-17:35
“The Genius act had a provision about central bank digital currency that closed off, offering a retail CBDC like the Federal Reserve…”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 19:42-19:55
“What they've been building, the Death Star they've been building is called a wholesale cbdc.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 19:57-20:03
“Because Genius didn't ban central bank digital currency, we had a separate bill, Tom Emmer's bill, to ban central bank digital currency like…”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 20:23-20:34
“The government could do [something dangerous] if you look at a central bank digital currency coupled with a digital id.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 23:19-23:25
“They're not accidentally investing all this money to do it. They're doing it because they plan to launch it.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 24:22-24:30
“I've encouraged them to actually argue over, is the Federal Reserve subject to executive orders?”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 25:23-25:31
“I've also asked the inspector general for the Federal Reserve to look into that.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 25:30-25:35
“Bitcoin isn't in the financial services space, because it's not a security.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 28:20-28:25
“I've personally chosen not to buy any [bitcoin] since I've been in office.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 28:28-28:35
“When President Trump came in and does not like an investment in bitcoin.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 28:48-28:53
“I think you should be free to [buy meme coins].”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 29:16-29:18
“Hopefully all of my colleagues are better informed and more supportive and they'll just do the right thing, get this across the finish line.”
CLARITY Act Under Threat From Banks!🚨Rep. Warren Davidson INTERVIEW | Uploaded January 7, 2026 | 30:08-30:14