Political Quotes

“This amendment gives the illusion that it prevents the bill from being useful to our foreign adversaries when, in fact, we see Iran using crypto to avoid sanctions, North Korea profiting from crypto, and Hamas raising huge amounts of money and being able to sneak around our efforts by using crypto. Finally, we see the crypto advocates viewing this bill as their ticket to move crypto into a competitor with the U.S. dollar. With tomorrow's bill, they try to hobble the dollar by saying it can't be digital and we can't have a better payment system involving the dollar, and that is their system for having crypto outcompete the dollar. The administration opposes this bill. Even if you looked at it a few weeks ago, it has gotten much, much worse. I want to reemphasize that they added a new title that allows crypto to be completely unregulated and would allow for nonregulation of our stocks and bonds, so even if you liked this bill when you saw it 3 weeks ago, vote ``no.''”