South OC Times

Young Kim, a U.S. Congress member representing California's 40th district, recently shared her views on economic and technological issues through a series of tweets. Her statements reflect her legislative efforts and perspectives on stablecoins, blockchain technology, and the current economic climate under the Biden-Harris administration.

On March 26, 2025, Young Kim expressed her support for stablecoins as a means to enhance wealth opportunities for Americans. She announced her collaboration with Representative Bryan Steil in introducing the STABLE Act. The proposed legislation aims to create a regulatory framework that promotes innovation while ensuring consumer protection. "Stablecoins present a huge opportunity to grow wealth for all Americans."

Later that day, Kim thanked the Digital Chamber Blockchain Summit for inviting her to discuss blockchain and cryptocurrency's positive impacts. She emphasized these technologies' potential to uplift communities and position the United States as a leader in innovation. "Thank you to the Digital Chamber Blockchain Summit for having me to discuss the positive impacts of blockchain & crypto currency."

In another tweet posted on March 27, 2025, Kim criticized the economic instability during the Biden-Harris administration, attributing it as a reason fewer companies went public. She mentioned her work with the Financial Committee aimed at restoring confidence in markets for both companies and consumers. "Fewer companies went public during the Biden-Harris administration due to economic instability."