Brad Sherman

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

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.

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 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.

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

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

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

How is the United States leveraging our position as UNRA's top donor to get them not to do things which they are doing now, such as glorifying the convicted terrorist who killed 38 civilians?

Can I count on the Administration not to bring a nuclear cooperation agreement with Saudi Arabia to this House that does not meet the same gold standards?

One would hope that they would try to get a better life for Palestinians in their negotiations, but they have not prioritized that.

Every weapon system we gave to Iran under the Shah fell into the hands of the Ayatollah.

On Assad, I hope that we are working to make sure that Assad is not normalized until he makes substantial concessions for the benefit of his people.

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.

Some people in this room are not willing to make that statement.

I have a question for Ava Labs. Avalanche Labs attempts to highlight their use of technology to focus on innovation, but still peddles unregistered securities to retail investors.

When billionaires tell you that they are working to hurt your country, you should believe them.

The one reason why Sam Bankman-Fried prowled the halls of this building, and that was to get the SEC out and put a patina of regulation in.

America is behind Peru in cocaine cultivation, and we are behind the Cayman Islands in nefarious hidden financial transactions; we do not always need to catch up.

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.

We will have achieved Sam Bankman-Fried's objectives.

I hope that the Treasury will look at sanctioning those two individuals.

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

We have a process for approving foreign military sales. And often, that process is slow, and we have had discussions in this committee for over 20 years on that.

Every time we get a foreign military sale, that builds the defense infrastructure here in the United States.