Political Quotes

On the recordJune 12, 2023
When we see the Securities and Exchange Commission ramping up their enforcement action, it's time for hearings.
Said by
Patrick McHenry
Republican · North Carolina

Editor's note · Context

McHenry emphasizes the need for hearings due to increased SEC enforcement actions.

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More from Patrick McHenry

Jun 12, 2023

This should be a bipartisan process, and I intend it to be, so please share your input.

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The CFTC needs additional authority over non-security digital assets.

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

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I am proud to be joining my colleague and friend in introducing a bill to examine how artificial intelligence will impact the financial sector and how we need to regulate this.

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