- Record: House Floor
- Section type: Floor speeches
- Chamber: House
- Date: May 15, 2026
- Congress: 119th Congress
- Why this source matters: This section came from the House floor portion of the record.
Under the Speaker's announced policy of January 3, 2025, Mr. Green of Texas was recognized for 60 minutes as the designee of the minority leader.)
Mr. GREEN of Texas. Mr. Speaker, and still I rise.
And still I rise, unbought, unbossed, unafraid: a liberated Democrat.
I rise as an unbought, liberated, and unafraid Democrat. I am unbought by crypto cash, unbought by the millions of dollars that the crypto industry spends to elect people to Congress so that they can have influence over legislation, and unbossed by the
controlling money and who desire to not only avoid taxes but to evade taxes.
I am unbossed, unbought, and unafraid; unafraid to speak truth to the powerful crypto industry and unafraid to speak truth about the powerful crypto industry.
Mr. Speaker, you can speak truth to power by simply saying: Power, there is a problem. Let's solve it.
I speak truth about power because I say to power: There is a problem, and you are it.
Member of Congress, I will today speak truth not only to power but also speak truth about power. As I do so, and I will use my pointer as I customarily do, my cane. By the way, this cane is not to help me ambulate. I am quite ambulatory. This cane is a rod and a staff that comforts me in the presence of my enemies when I don't have the protection that Congress is providing us, and I don't always have it.
but not silenced, I want to call several things to your attention, Mr. Speaker, under the topic of the dangers of unregulated cryptocurrency. There are dangers associated with cryptocurrency when it is not properly regulated.
Let's start with the memecoins.
Mr. Speaker, if you own a memecoin, you own nothing. You have bought nothing. You have paid for nothing, and at some point, some of the owners of memecoins will get exactly what they paid for: nothing.
at some point to hope that there is another person who will buy at a higher price and that the money between the price paid for and the price you can sell for, the higher price, becomes your profit.
- is called the greater fool theory: buying in and believing that there
- is a greater fool who will come along and cover your possible losses.
If you own a memecoin, Mr. Speaker, you own nothing.
The President is one of the great purveyors of memecoins. The President has a coin, the $TRUMP Coin, and this coin he can pump up, and he can dump and leave those who are part of the higher price holding the bag.
The President pumps and dumps. This is a scam.
I am speaking truth about power, not just to power.
Yes, Mr. President, you are the problem. You have taken advantage of many people with your scam wherein you can make comments and tell people to come down to Mar-a-Lago, come on down, and those who have the greatest investment, you will be allowed. Those who are buying in at a cheaper level won't be allowed.
who will come to Mar-a-Lago and as a result, he pumps up the value of his memecoin, which is nothing. He pumps up the value of nothing, and then at some point he can sell at this higher price and make an amount of money.
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This is really insider trading that is transparent. I don't think the President ought to be able to own memecoins. I don't think the Cabinet should own memecoins. I don't think Members of Congress should own memecoins.
advantages that other people don't have. We talk to each other. The President can tell people when to buy and when to sell because he is going to pump and then dump or allow you to dump.
owned and sold by Members of Congress, members of the Cabinet, the President, and possibly some others that I shall not name at this point.
I believe that we have to properly regulate the memecoin. That is why the cryptocrats want to get me out of Congress because they know I fight them. I stand in the way of what they attempt to do to people who are not knowledgeable about how this can be pumped and dumped and how people can be taken advantage of.
I am in the way, yes. Come and get me. I understand it. Come and get me. As long as I am here, I am going to stay in the way. I want to protect the American people from this kind of insider trading, this kind of selling of nothing, and being taken advantage of by those who happen to buy nothing and assume that they can sell it for something.
Yes, the memecoin is a problem. Those who sell it and create it are a part of the problem when it is not properly regulated.
Mr. Speaker, I want to call to your attention the decentralization of cryptocurrency. The cryptocrats want to decentralize cryptocurrency so that they can have peer-to-peer transference of dollars, huge sums of dollars, untold amounts of dollars, peer-to-peer transfers.
Why is this so important to them? If you can transfer peer-to-peer, you can engage in tax evasion—more than tax avoidance. Tax avoidance is legal. Tax evasion is illegal. You can transfer huge sums of money from one person to another without some central entity that can be there to make sure that it is properly regulated. That is what the cryptocrats want. They want to be able to just transfer money. That way, you can avoid taxes.
transference. You can also transfer that money at a speed that is unbelievably fast. You can transfer it to a terrorist organization. It can be received by those who would do us harm, those who would disrupt our society, and those who would disrupt the democracy that we cherish.
Yes, the cryptocrats are in the business of buying and selling. They are also in the business of contributing to those who would agree with what I am antithetical to. Those who would agree with what I am antithetical to would allow them to have peer-to-peer transfers and allow them to have memecoins that are meaningless, nothing but a thought, a fiction.
I am speaking truth about power, not just to it. Yes, decentralization without regulation is a problem.
moving in the direction of creating something akin to the demise of the almighty dollar. Cryptocrats would, if they could, have cryptocurrency become the preeminent currency.
There is a war for currency supremacy going on across the globe. The dollar is the supreme currency across the globe. It is the reserve currency of choice across the globe. The cryptocrats would have the cryptocurrency become the currency of choice. Use the cryptocurrency. Use it, and you don't have to have it go through some centralized location. Just transfer your money like you please.
banks. They would have unregulated banks. The sad thing about what I have just said is that the banks don't know who their friends are. They don't understand, it seems, that there are some of us who are fighting this. They don't seem to understand that.
Well, I can tell you this: I am going to protect the American banking system, whether the banks will join in and help or not. I am going to protect the American banking system because, in so doing, I am protecting the American dollar, and in so doing, I am helping to protect American democracy to a certain extent.
If the banking system fails, people lose trust. They lose trust in the economy. That impacts the democracy in the sense that we allow people to be placed into office who would facilitate this decentralized transfer of money.
I am opposed to it. I am going to protect the banks in this country, a system that has functioned. It has allowed the dollar to be the supreme currency of choice globally. We have to protect the American dollar. I am going to do that.
Congress, but there are some who resist. I am a part of the resistance. As a matter of fact, I may be at the tip of the spear of the resistance, a part of the avant-garde. I am the resistance, to a certain extent. There are others, but I assure you that I am going to remain the architect of some portion of this resistance as long as I am in Congress.
Therein is the operative phrase for the cryptocrats: He said as long as he is in Congress. Well, if we just get him out of Congress, we don't have him to contend with.
Well, you can do that, but there are others who will follow. There are. There are others who are already in the fight. They are. They are there. I can assure you of this: I am going to fight you to the bitter end. Until my last days, I will fight what I see as a demise of the dollar, a peer-to-peer transference of money such that you can avoid taxes, and the creation of nothing and selling it as something.
I assure all who listen that I am going to protect your wallet. There are people who say they want to put more money in your wallet? Well, I am going to protect your wallet and make sure that you can get money in your wallet and not allow people to cleverly disguise themselves as persons who want to regulate when, in fact, they just want to pass something under the guise of regulation so that the cryptocrats can continue to move in the direction of dominance with the cryptocurrency, the crypto dollars, as it were.
This is not something that we should take lightly, and I do not. I want to assure you that I am censured but not silenced.
I also want to assure you of something else: The countdown to impeachment continues. What the President has done as it relates to wars, as it relates to pumping and dumping, which I have explained earlier, and as it relates to his disrespect for the Constitution of the United States of America, he has done things that are clearly impeachable.
It is just a matter of time, Mr. President. Your day will come. Someone is going to stand in the well of the House of Representatives and read Articles of Impeachment to remove you from office. It would be the thing that this country should do so as to prevent another cryptocrat, such as yourself—yes, the President is a cryptocrat—to prevent another cryptocrat such as yourself from assuming power. We have to protect American democracy from the cryptocrats.
is a great threat to the Republic. I think he said the greatest threat to the Republic. President Donald John Trump: a threat to the Republic and a threat to democracy.
business that he has brought to the White House, and they are using this family business to make billions of dollars at the expense of unsuspecting Americans and people of other stripes, as well.
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impeachment. I know that there are people who want to know when. It will happen when it happens, and I assure you it is going to happen.
Mr. Speaker, I am grateful for the time. I am proud to say that I am Al Green, the OG Al Green, unbought, unbossed, unafraid, uncontrolled by the cryptocrats.
Mr. Speaker, I yield back the balance of my time.
The SPEAKER pro tempore. Members are reminded to refrain from engaging in personalities towards the President.