Patrick McHenry actually said...

"Shouldn't we be in the game of de-risking rather than adding to the risk of a Federal bailout or, yes, for these products?"

"There are no lessons learned from the States included in this report, and I was interested in why that was."

"I think we can have some consensus here on how we get ahead, but one area that I think this committee should examine is the current State regulatory frameworks."

"I hope that today we can think bigger and more comprehensively and discuss the potential benefits of increased use of stablecoins."