John Kennedy actually said...

"But the cow was out the barn? I mean, here--I follow your remarks, Mr. Chairman, because I have great respect for you, and you have said repeatedly before FTX blew up that the SEC has the authority to..."

"Yes, but I am talking about FTX. I mean, we look back at FTX. I mean, Senator Durbin made this point, and we have this elaborate, complex regulatory machinery, the SEC, which I support, which is suppo..."

"They paid for it. They deserve to have that license."

"I mean, this was an accident waiting to happen, and I don't understand where the SEC was."