Economic security requires precision and strength. We must champion American economic opportunity.

Preserving or status as a world leader requires the continual honing and sharpening of our economic security tools in order to preserve and protect the role of America at home and abroad.

Their fight against tyranny and oppression to seek and maintain their independence is inspiring, and reminds me of our own intrinsic values that inform American patriotism, the hope for a better future.

Unfortunately, these same tools have been wielded as hammers instead of scalpels, resulting in pushing our adversaries toward closer cooperation with each other and further away from us.

The topic of today's hearing could not be more timely. Last [week] marked the 1-year anniversary of Russia's invasion of Ukraine.

We are fortunate enough to live in the greatest Nation on earth and must always be vigilant to protect and promote national and economic security.

If there was ever a time to kowtow to our adversaries, and their supporters, I assure you it is not today nor ever.

We've seen firsthand, whether it's with Russia or North Korea, that the tailored use of sanctions can be an effective foreign policy and economic security apparatus.

Preserving our status as a world leader requires the continual honing and sharpening of our economic security tools.

Congress designed the Federal Reserve to promote price stability and maximum employment, not to play politics.

the SEC is a market regulator, not a climate forecaster.

My story is the American story.

we have to do more to close our southern borders, stop fentanyl from coming across the border and killing American lives

we have to do more to close our southern borders, stop fentanyl from coming across the border and killing American lives

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

As I noted in my opening statement, innovation can be a positive driver in expanding access to traditional financial services and can foster new, additional technologies that promote financial independence, access to credit, and capital…

The free market economy was formed by financial innovation. It's the engine that continues to drive our economy today.

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

Right now, the United States has the strongest and most enviable capital markets in the world.

Our goal should not be any different when it comes to digital assets.

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

Let us be clear. Had the SEC provided anything besides hostility to the crypto industry we may have been able to save investors from losing billions of dollars.

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

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

Our goal should not be any different when it comes to digital assets.