EXCLUSIVE: Senator Bill Hagerty speaks out on Kamala: She’s weak on terrorism, aims to punish crypto investors

Hagerty claims that the Kamala’s actions have brought Iran closer to developing a nuclear weapon. This development was subsequent to the Biden-Harris administration lifting sanctions that were imposed on Iran by the Trump administration. Hagerty was proud of his role in imposing the “maximum pressure sanctions” on Iran, saying, “My job was getting the Japanese government to stop buying Iranian crude oil, and they did.”

He continued, “We brought Iran’s funding down to almost zero, and they were broke. Guess what? Hamas and the Houthis were broke too. We brought the embassy to Jerusalem—no war! It was predicted there would be. We were able to acknowledge Israel’s sovereignty over the Golan Heights. Everybody said that would create war. No war! The Abraham Accords were rendered. No war! We took out Soleimani. No war! Al-Baghdadi. No war. Because Iran was broke. Iran is the root of all of this.” The Biden-Harris administration refused to continue the Trump administration’s “maximum pressure campaign,” and by May of 2021, an 11-day conflict broke out between Gaza and Israel, after which Hamas conducted an incursion into Israel on October 7, killing 1,200 people. Now, says Senator Hagerty, the Houthis are blocking international shipping and trade using “Iranian funding, Iranian tech, and Iranian know-how. The Houthis didn’t train themselves. This is Iran. Vice President Harris will not call this out. In fact, [this administration] supports it.”

Bitcoin and Crypto

On Bitcoin, Hagerty projects that a Harris win would result in Gary Gensler, the current SEC Head, becoming the Treasury Secretary. Gensler has been very successful in prosecuting Web3 companies, and on May 22, 2024, he released a four-page memo condemning a Republican-led effort to protect cryptocurrencies.

The House later passed this bill 279-136, with bipartisan support, despite Gensler’s reservations. Senator Hagerty also believes that S. Lael Brainard, currently the Director of the National Economic Council of the United States, would likely exert a large degree of influence on the Democrat's Presidential nominee Kamala Harris. If this indeed happens, the Senator says, Harris “will likely move toward a central bank digital currency” and move against decentralized currencies.

Ms. Brainard has previously expressed support for such a currency to the House Financial Services Committee. A centralized currency, as per Senator Hagerty, could mean for Americans what it does mean for China now: A citizen may be restrained by the CCP from making certain purchases via geofencing, in their ability to travel due to ecological concerns, or are otherwise financially inhibited due to a poor social credit score. “If some government official decides you’re traveling too much with a car, could they constrain your ability to buy fuel because that’s a threat to the environment? That’s a real potential, and I think that’s frightening to most Americans.”

DOJ

On Jack Smith and the DOJ: "As you know, I sit on the Appropriations Committee. Jack Smith has taken funds meant for the FBI and real law enforcement; rather than using these funds for real law enforcement, Smith is pursuing his party’s presidential opponent.”

On July 25th, Hagerty proposed an amendment to a bill in an appropriations committee hearing, “defending the constitutional prerogative of this committee.” Jack Smith, according to Hagerty, has “co-opted, for his political prosecution, the resources we have provided for true law enforcement.”