John Boozman actually said...

I have consistently said in the past that I believe the CFTC is the right agency to regulate spot digital commodities.

It is vital that we limit our policy proposals to the agencies that we have jurisdiction over, in this case the CFTC.

To my knowledge, Congress has never held a hearing solely on decentralized finance, not once.

I believe that we must have broad support within the community we wish to regulate if we ultimately want to protect consumers and innovation...