Patrick McHenry actually said...

"To quote Senator Gillibrand, 'Establishing a regulatory framework that spurs innovation, develops clear standards, develops appropriate jurisdictional boundaries, and protects consumers.'"

"Digital assets are here to stay. This ecosystem has been denied legal clarity for too long..."

"We need to have a Federal regulatory regime for stablecoins."

"Our goal is to make a law, and we expect you to play a constructive role in that process."