Political Quotes

“Mr. President, I want to compliment my colleague from Wyoming for the wonderful introduction that she gave. That means that I don't need to give the many, many pages of speech that I had planned. But I would like to come to one final point, and that is for the benefit of my colleagues today. I want to take a broader view of what we are actually voting on. What we are voting on is ``cloture.'' That is a term that is used to get on the bill, to actually have the debate that we are supposed to conduct here in the U.S. Senate. It is the beginning of debate for a bill that fundamentally supports crypto technology and innovation here in America at the most basic level. My Democratic colleagues supported this, coming through a committee on a bipartisan basis. In fact, we had a vote of 18 to 6, a very strong movement out of committee. Since that time, we have made a number of changes at their request. They have come back again with more requests. We are considering those changes as well. But for us to even begin to implement these changes, we are going to have to get on this bill in order to debate it and in order to incorporate the changes that have been negotiated. I look forward to working with my colleagues should they choose to move forward on this bill. And if they don't, I want the American public and I want everybody watching today to understand that this is a vote to kill the crypto industry here in America, and it is a shame. This is our first opportunity to deliver groundbreaking legislation to America that puts America squarely in the most competitive place we possibly could be, to lead in the area of innovation where we need to be leading. Otherwise, this would be a vote to push all of that offshore. It is a vote for our strength. I want to thank the Senators who have helped so much: Senator Scott and Senator Lummis from our side. And I want to thank Senators Gillibrand and Alsobrooks from the Democrat side. I want to thank everybody who has worked so hard on this. And I hope that we will be able to move forward, actually get on this bill, and complete our work. I yield the floor. Cloture Motion The PRESIDING OFFICER. Pursuant to rule XXII, the Chair lays before the Senate the pending cloture motion, which the clerk will state. The legislative clerk read as follows: Cloture Motion We, the undersigned Senators, in accordance with the provisions of rule XXII of the Standing Rules of the Senate, do hereby move to bring to a close debate on the motion to proceed to Calendar No. 66, S. 1582, a bill to provide for the regulation of payment stablecoins, and for other purposes. John Thune, Ted Budd, Katie Boyd Britt, John Cornyn, Deb Fischer, Roger Marshall, Jim Justice, Tim Scott of South Carolina, Mike Crapo, Tommy Tuberville, Bill Hagerty, Cindy Hyde-Smith, Markwayne Mullin, Mike Rounds, Steve Daines, Cynthia M. Lummis, Rick Scott of Florida. The PRESIDING OFFICER. The Senator from Arizona.”