Patrick Toomey actually said...

[r]egulation should protect the privacy--and confidentiality of individuals using stablecoins.

Mr. Gensler has, I think, at times indicated that stablecoins, at least some stablecoins, may actually be securities.

I think it is profoundly in the American national interest and in our public interest that we have options for how people can move money in ...

the more specialized the regulator, the more opportunities there are for the industry to 'capture' the regulator.