I am concerned that the FDIC has deviated from its statutory requirement to minimize costs here and, instead, has opted to pursue a lazy and destructive regulatory campaign to, in fact, oust digital asset opportunities from the United States.
McHenry criticizes the FDIC for hindering digital asset opportunities.
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it was easier just to watch the Senate do that hearing rather than to hear the second day of the same testimony.
I urge Chair Gensler to abandon this regulatory power grab and return his focus to the statutory role of the SEC.
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