Washington's knee-jerk reaction to regulate out of fear will not allow stablecoins to achieve their full potential.
Currently, there is no Federal law to address digital assets.
By that same notion, you would like to have a single regulator at the Federal level for all financial institutions.
But what I am asking is a separate question. Look, this is not an adversarial conversation.
We should not, as this report does, limit our focus to only the risks.
We cannot regulate out of fear of the future.
We are trying to de-risk, not add risk to the Federal taxpayer.
What is clear is that we need legislation. We agree on that.
working towards parity for the people of the Commonwealth of the Northern Mariana Islands, Puerto Rico, and American Samoa.
Now, where we diverge is the reality that this one title will cost taxpayers nearly $1 trillion over the next 10 years.
So with regard to ReConnect, the program has a number of administrative burdens.
Those in the have category have high-speed internet access, and those who are in the have-not category are without it.
Energy and food are both critical to our national security, and not just that, everybody's survival, basic survival.
I am calling this the farm killer tax because it would destroy the livelihood of producers across the country.
This would be self-inflicted nonsense, and we got to make sure we don't let that happen to our ag producers.
Every person involved, whether it`s one, two, three, or four, or more, should be prosecuted to the fullest extent to the law.
I think the administration is doing an excellent job of doing that and keeping us informed that we`re going to have to work all together.
They are acts of terror, hate crimes. And yes, indeed, they must be fully investigated and prosecuted.
