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You can't play Russian roulette with the national debt.
You are endangering lives. You are endangering, you know, freedoms, just eroding trust.
It is almost like it was a game. You know, it was a--you are in this chat room with--supposedly, with small amounts of people.
Please don't put this drug on the market. They overrule and you all put it on the market.
That was the questionable pay to play where they would pay to present themselves before the FDA advisory committees.
We need help on that. I was alarmed to see that the meeting that was going on today and how it was put together.
If the pharmaceutical--I mean, you talk about the fox in the henhouse, that's our problem.
The FDA is holding an advisory committee meeting on opiates today in particular on the questionable clinical trial practice known as enriched enrollment.
I would call upon the subcommittee to think deeply about passing some sort of bill about stablecoins.
Just this morning, before the hearing, I saw news that Russia is exploring legislation to formalize their ability to transact in crypto.
This is bad for jobs. It is bad for the strength of the dollar. It is bad for our status as a reserve currency.
If I am an issuer and I want to create a stablecoin, I technically don't know if I am going to be answering to a State regulator, a Federal banking regulator, the SEC, or the CFTC.
I think that is important for not just system-wide, but for us to know, and the American public to know, so a transparent process there.
It is not a game. You are endangering lives. You are endangering, you know, freedoms, just eroding trust.