Wendy Sherman: “You have to understand how important it is. We, frankly, are not fiscally responsible in this House. We don't collect…”

“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.”