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I went to a hearing like this, walked out in the hallway, the reporter said, 'How much money has your campaign fund taken from the cryptocurrency business sector? And I said, 'None. I have nothing to do with him.' She said, 'You are wrong…
So when it comes to appropriated funds, do you have enough in the SEC, personnel, and resources to deal with the cryptocurrency business?
According to one estimate in 2022 alone, fraud schemes involving cryptocurrency totaled more than $9 billion. Does that surprise you?
If we went completely bankrupt and we plummeted this country into some Third World nation because again, nobody up here in any committee hearing that I ever go to talks about spending less money or being more responsible.
The committee has already started highlighting it.
They are playing everywhere they can to buy influence in the process.
I will always support giving you the resources you need to carry out the mission.
I am telling you right now, if we do not knock this stuff off and quit making it partisan or political, the fact that we keep spending money we do not have, my kids, your kids and our grandkids are not going to have squat, period, point…
You guys want to know what math does not work? The fact that year after year after year after year up here, we continue to spend more money than we have.
I also expect and demand that we be good stewards of the taxpayers' investment.
This is an industry which you have said is, quote, 'Rife with fraud, scams, and abuse.' Did you say that recently?
I went to a hearing like this, walked out in the hallway, the reporter said, 'How much money has your campaign fund taken from the cryptocurrency business sector? And I said, 'None. I have nothing to do with him.' She said, 'You are wrong…
They are playing everywhere they can to buy influence in the process.
I would hope that our ambassador to ASEAN is given all the tools he needs to do the job and I do not think he has all the resources that he needs.
I thank you for your efforts to make this a reality and look forward to engaging more to support our ongoing progress towards this goal.
Can you also elaborate more--you touched on this--how the economic initiatives in the budget include both newer initiatives such as Outcompete China and the Partnership for Global Infrastructure and Investment?
To say that rail safety is important to our State would be an understatement.