Mr. Cunningham tells us that we should let the States decide. That is a race to the bottom.

I want to commend the SEC for working hard and doing their job.

I want to commend you for holding this hearing. Thank you for allowing us who aren't members of the subcommittee to participate, and for your decades of incredible dedication on human rights.

People up here, me for example, are here because we understand people. I have won 13 elections in spite of my personality and my looks because I understand my district.

this swing pricing seems like the worst idea you could have in trying to achieve our objectives.

I want to praise you and your colleagues at the SEC for your hard work, your dedication to solving many problems, and to do it at the same time, and especially, I want to commend you for going after the crypto exchanges.

I think it is pretty apparent that our policy has turned out to be actually better than Europe's policy.

I want to comment on one success story. Several years ago, there were $16 trillion of London Inter-Bank Offered Rate (LIBOR) instruments...

The crypto billionaires have told us they want to displace the dollar. They are working for de-dollarization...

I know these are being proposed by the Freedom Caucus, but perhaps the Freedom Caucus would change its name to the Freedom of Action for China Caucus.

This seems like the 12th hearing we have had on crypto this year. I am still waiting for a hearing on diversity, equity, and inclusion in this room this year.

I hope that the U.S. voice is being used there to push Pakistan toward democracy and human rights.