We ought to have absolute clarity in this issue, and I agree with him, and we can achieve that if the Chair will work with me on legislation to say that all intangible investment assets, including all crypto, are securities.
Brad Sherman
The Public Record
Brad Sherman is an American politician serving as a member of the United States House of Representatives from California's 30th congressional district since 1997. A member of the Democratic Party, Sherman has focused on various issues including financial regulation, foreign policy, and technology. He has been an advocate for consumer protection and has worked on legislation related to economic stability and national security. Throughout his tenure, he has participated in numerous congressional committees and has been involved in significant legislative efforts.
Chair Gensler, I am very pleased with your attitude and your performance, but my views are my own.
Investor protection is not the antithesis to capital formation; it is the necessary antecedent.
Clearly, we should be helping our friends in the Middle East interdict drugs just as we have drug prevention and interdiction programs all over the world.
I think today's visit of Saudi Foreign Minister Prince Faisal bin Farhan to meet with Assad in Damascus is a disappointing sign that we may see such a normalization with the Arab world.
To scream partisan invectives because nobody can solve the world's most intractable problems at a reasonable cost does not seem to make a lot of sense.
I hate to say something nonpartisan but our policy in the Middle East is remarkably similar to what it was under the prior Administration and not all that different to what it was in the Administration prior to that.
Mr. Gruenberg, I know that you are going to be giving us a report about possibly expanding FDIC insurance this spring.
Mr. Barr, I watched your Senate testimony in which you basically said it was bank mismanagement for them to ignore the good advice your people gave them.
Our bank regulatory system has some real flaws. It is an undemocratic system in which the Financial Accounting Standards Board (FASB) writes the accounting rules and doesn't even claim to be part of a democratic government.
Due to Dodd-Frank, our banking system is strong. Our regulators avoided a crisis by quick action this month, but the solution was not free.
I think this is a good investment in America's security and in world security.
I want to focus on this idea that we should have a certified audit of what defense articles we are providing Ukraine.
We underState, when we report to the American people, and when we tell our European friends how much we are spending on national security.
This bill does not say that Cuba stays on the list until it stops supporting international terrorism. It says that Cuba stays on the list until it becomes a liberal democracy.
The Administration is not doing all they can to try to keep this scourge out of our economic system.
Diplomatic relations and niceties can be reversed, governments can be overthrown, but nuclear weapons or nuclear weapons technology stays where it is.
We do not want to see Saudi, we do not particularly want to see a nuclear-armed Saudi Arabia.
I do not think any of us trust the Iranian regime, but I do think we have to negotiate with them just as Roosevelt negotiated with Stalin, and Nixon negotiated with Mao.
The idea that we are finding political slogans to justify less auditing is something we should be skeptical of.





