05/09/2023
https://congress.gov...
"The latest bank failures have held up a mirror to the two-tiered banking system in the United States."
"Even the Investor Advisory Committee, which favors Gary Gensler's approach to enforcement, concedes that there is, in fact, a need for regulatory clarity."
"Here in Congress, we have what I would describe as an anti-crypto derangement syndrome that clouds clear thinking about crypto regulation."
"If the United States continues driving crypto offshore, there will be more offshore companies, more companies in the offshore deregulated mold of FTX."