Your record of failures to protect investors and abuses of power make it clear that we need to restructure the Securities and Exchange Commission.
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And once again, I think you are trying to hide behind things for either a lack of willingness to be candid about it, or you are trying to obfuscate your oath of office, which was, 'well and faithfully.' This committee is not happy with…
The market does not see it. Your regulatory actions and the CFTC's regulatory actions say that there is a great deal of uncertainty here.
There is a lack of clarity here in the marketplace. Can you at least agree to that?
Do you think it serves the market for an object to be viewed by the commodities regulators as a commodity and by the securities regulators as a security?
I can't believe that this committee is rushing to take off more guardrails when we should be adding them.
Chair Gensler, your responses to congressional inquiries have been unacceptable.
This raises serious concerns that the rulemaking process is being rushed, undermining the quality of our securities laws.
Our goal is to make a law, and we expect you to play a constructive role in that process.
Regulation by enforcement is neither sufficient nor sustainable.
Congress must provide clear rules of the road for the digital asset ecosystem because the regulators cannot agree.
That is what I get. You get these assessments, but we have seen intel failures all across time.
Ambassador Sales, I want to revisit--since Representative Titus sort-of ridiculed or trivialized what you said about the terrorism risk, uncontrolled Southern Border.
I was glad to hear you raise the question whether an uncontrolled Southern Border poses a security risk to the United States.
I just was sitting here tallying, and I used a figure of 600,000 gotaways.
But also, I think the American people have a right to know why so much misinformation was spread about COVID-19 in this country by President Trump.
Those families deserve to know. My dad, like some others, was diagnosed with cancer during COVID-19.