Tim Scott actually said...

If we foreclose financial innovation, we limit future generations from growth and opportunity.

I've been calling for this hearing since February 14th, when this Committee held an oversight hearing on the FTX crypto crash.

Moving forward, we must take a thoughtful, bipartisan, and balanced approach that protects consumers and promotes innovation and opportunity...

If Chairman Gensler is going to take enforcement action, Congress needs to hear from him very soon.