That is the difference between a free market democratic society and an authoritarian or totalitarian society.

The U.S. financial system is indeed, as a number of you have said, the envy of the world and a source of strength, not only economically, but in international relations, and in the geopolitical sphere.

But it is built on trust, right? It is built on trust at its very core.

While FTX may be headquartered offshore, the circumstances surrounding its collapse strongly point to the need for developing thoughtful regulation to protect U.S. investors.

Do not interfere with the right of Illinois and all the other states to look at all of the factors that actually influence the valuation of companies.

I am concerned that if we do not change up the way we are doing things here, even the most ordinary systems are now targets of Chinese hackers.

I do not want to be lectured to by anybody about global elites because I was here for the years of the Trump Administration.

I believe there are benefits to hosting a joint forum like this between members of our subcommittees to consider policy questions around digital assets and allow all stakeholders to have a seat at the table.

the SEC has won every single one of those 130 cases that they have brought under existing law

the SEC first warned investors of the dangers of investing in crypto back in 2013

stablecoins are not stable.

the landscape of stablecoins has changed considerably in recent months.