John Boozman

Thank you a bunch, Mr. Chairman, and thank you for holding this really, really very important hearing.

We have done a good job, I think, by and large, over the past 10 years implementing Dodd-Frank and Title VII.

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

Again, we certainly do need to get a farm bill done, and we just have a real difference of opinion as to how we get that done.

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

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.

The CFTC's principle-based approach has proven to effectively protect consumers in the derivatives market.

We have done a good job, I think, by and large, over the past 10 years implementing Dodd-Frank and Title VII.

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

Again, we certainly do need to get a farm bill done, and we just have a real difference of opinion as to how we get that done.

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

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

As policymakers we must also protect innovation and provide regulatory certainty businesses need to maintain their operations in the United States.

The CFTC's principle-based approach has proven to effectively protect consumers in the derivatives market.

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

We have done a good job, I think, by and large, over the past 10 years implementing Dodd-Frank and Title VII.

Again, we certainly do need to get a farm bill done, and we just have a real difference of opinion as to how we get that done.

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

You are always welcome to use airtime, so thank you for being here.

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

The CFTC's principle-based approach has proven to effectively protect consumers in the derivatives market.

The two agencies have a long history of working well together, and I will focus on the word 'well.'

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.