Political Quotes

“Mr. Chair, I am prepared to close, and I yield myself the balance of my time. Our securities laws were created after the Great Depression when this country understood that strong regulation protects Americans and is necessary for innovation and for our economy to thrive. We cannot hold cryptocurrency to a lower standard than traditional finance. My amendment ensures that when it comes to crowdfunding, cryptocurrency is held to the same standard. Mr. Chair, I urge all Members to support my amendment, and I yield back the balance of my time. Mr. McHENRY. Mr. Chair, may I inquire of the Chair how much time I have remaining. The Acting CHAIR. The gentleman from North Carolina has 3 minutes remaining. Mr. McHENRY. Mr. Chair, I yield myself the balance of my time. Let me close with this, Mr. Chairman. We have this push and pull on the Financial Services Committee. Generally speaking, we have elected officials that say the American people's hard-earned savings are their hard-earned savings. Then we have paternalistic amendments like the one before us today that say: No, you are not smart enough to invest your own money. We have to put in these safeguards to protect you from yourself. Well, I think that goes way too far.…”