Warren Davidson

Preserving self-custody is a critical step in this effort.

We must establish clear rules for trading platforms that provide Americans with the necessary protections and ensure market integrity.

It is our job in Congress to craft an appropriate, fit-for-purpose legal framework for these assets and this space.

The legal clarity that we are seeking, frankly, wants to make sure that investors, innovators, and regulators, like Chairman Gary Gensler, also know that the Securities and Exchange Commission does not regulate the payment system.

The regulatory environment for the digital asset ecosystem has come to a critical inflection point.

I just think this is such an important measure that we don't want them to just say, well, the Chinese people are going to get mad.

I applaud the effort and have personally been affected prior to coming to Congress as the owner of manufacturing companies in Ohio.

I am so thankful, Chairman, that you are moving this bill early in our markup and that it is so bipartisan to confront the abuses of China because it has been bad for America.

Part of it is policy decisions that have overwhelmingly benefited the Chinese Communist Party, and the influence of China.

China is an important strategic rival. Frankly, I would like to keep them as economic rivals.

Both parties would have different approaches. You know, in general, stereotypically, Democrats would tax our way to a balanced budget and Republicans would cut our way to a balanced budget.

Since I have been in Congress, I have only voted on one budget that ever balances.

I think it is great that you have this Member Day. And I think personally we like to think that the Rules Committee is maybe the most important thing we decide, because the House sets its own rules and those rules are supposed to apply to…

If you turn the central bank digital currency into this creepy surveillance tool and don't preserve the permissionless characteristics of it, it is going to hurt.

The government has almost banned cash, not entirely.

We shouldn't imitate them. We should protect America's way of life.

The Ranger battalions were deactivated at the end of World War II, and we know of all their achievements since then. But it is fitting that we take this Gold Medal as an opportunity to honor the service of our World War II Army Rangers.

Promoting convenience to the consumer does not always equate to promoting financial inclusion.

The privacy concerns cannot be understated as we consider how to embrace these new payment tools.

I always say the legal tender in the U.S. is the U.S. dollar, not Visa and MasterCard.

I want to highlight the really heroic work that the Federal Reserve did to create stable markets, particularly in March and April of 2020.

I do. The Speaker pro tempore. Without objection, the gentleman reclaims his time and is recognized.

I would just conclude by saying yes, I am prepared to close, and I urge all of my colleagues to support S. 321. I yield back the balance of my time.

They are using their whole financial system as a means of control.

We should be using the power of government to stop that, not enable it.