I think a lot of our agenda at the SEC is about ensuring that we go as many years, as many decades as possible that we have the best capital markets.
There is risk in both sectors. There is risk in the decentralized, and there is risk in the centralized.
Retail investors have greater access to markets than at any time in the past.
I believe in congressional oversight and----
It would undermine the base of our capital markets, U.S. Treasuries, or the risk-free part of our capital markets.
Our markets are the finest in the world.
I am a firm believer in congressional oversight.
I think that we benefit in this country by the markets and small businesses being able to raise capital in a well-regulated market.
It puts a dose of uncertainty into markets, but it becomes particularly problematic the closer one might get to whatever deadline that is.
I thought at the time that there was a risk of correlation.
I was not supportive of that legislative initiative back in 2018.