Mr. President, I ask unanimous consent that all postcloture time on the Matey nomination expire at 2:30 p.m. on Tuesday, March 12; further, that if confirmed, the motion to reconsider be considered made and laid upon the table and the President be immediately notified of the Senate's action. The PRESIDING OFFICER. Without objection, it is so ordered. ____________________
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To my knowledge, Congress has never held a hearing solely on decentralized finance, not once.
It is vital that we limit our policy proposals to the agencies that we have jurisdiction over, in this case the CFTC.
The two agencies have a long history of working well together, and I will focus on the word 'well.'
The CFTC's principle-based approach has proven to effectively protect consumers in the derivatives market.
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