You have to understand how important it is. We, frankly, are not fiscally responsible in this House. We don't collect nearly as much in taxes as we spend in benefits. We are able to do that without too much harm because of the role of the U.S. dollar as a reserve currency. We have fiscal policies that would make Argentina blush, but we are able to do it. The crypto bros see the incredible amount of money and power the U.S. Government has by being the world's reserve currency and they say no. They want to appropriate that for themselves. Mr. McHENRY. Mr. Chair, may I inquire how much time I have remaining. The Acting CHAIR. The gentleman from North Carolina has 19\1/2\ minutes remaining. The gentlewoman from California has 7\1/2\ minutes remaining. Mr. McHENRY. Mr. Chair, I yield 1\1/2\ minutes to the gentleman from North Carolina (Mr. Nickel), my colleague and friend who has been a great leader on digital assets and pragmatic policy here in the House.
Share
More from Wendy Sherman
I don’t think it is possible to get a deal with Iran where they literally dismantle their program, give up their enrichment, even though that would be ideal.
I want to focus on engineered intelligence. There are two groups of engineers who are in a race that they don't know about. One are the bioengineers creating new DNA, perhaps a new species. By the end of this century, who says they won't…
Due to the devastating wildfire affecting my district and Southern California, I was not present for today's vote. Had I been present, I would have voted YEA on Roll Call No. 16, Motion to Recommit H.R. 30, and NAY on Roll Call No. 17…
My party has put confidence in me and made me the chief Democrat dealing with the Subcommittee on Capital Markets. Our SEC oversees our capital markets which are the nerve center of global capitalism. Virtually all the most powerful…





