Steve Lynch

This corporate-driven regulatory agenda proved particularly harmful in rolling back critical environmental protections.

It is remarkable that the Commodity Exchange Act actually reads out of the law four major pieces of legislation that have been intrinsic to strengthening our markets.

The problem that I see is that the least cost resolution preference was meant to lower the cost of resolution.

But in the aftermath of all of that, some of this is Monday morning quarterbacking...

I want to revisit the aftermath of the Silicon Valley Bank collapse and the exercise of the exception...

I witnessed Republicans and Democrats running for their lives, so anybody who says that did not happen, let us just disabuse that notion.

I do not diminish your service to your country or any other capacity. I am just talking about the facts of what has happened and what is going on.

I think we can make a difference if we get together on this.

We will start receiving electric vehicles.

We provided $3 billion in funding.

I think you would get like 237,000 vehicles.

So, it troubles me when I continue to see the sort of political machinations that are taking place...

It takes us down a dark, difficult path and one that we all, I hope, don't want to go down...

One of our major areas of advantage is our submarines.

I think they have got programmed to--I think they are doing 340 right now. They can put 340 ships, or platforms anyway, and we are at about 290 or something like that.

I just want to put on the record I am going to write to Secretary Del Toro that I would like to have that christened in our home port of South Boston and not anywhere else.

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

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

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.

If Texas wants to spend an extra half billion dollars on interest payments to make a totally political, totally partisan anti-woke statement, then have at it.

Every time a crypto firm explodes, whether that is FTX or Terra or Voyager Digital or Genesis or Silvergate Bank, as a result of those explosions, investors get locked out.

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

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.

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.

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.