Political Quotes

On the recordMarch 11, 2025
Brokers who sell stocks and mutual funds have long been required to file a report in January of each year on Form 1099. They send it to their customers. They send it to the Internal Revenue Service. Many honest taxpayers out there right now have been collecting their 1099s from a bank or a securities broker to attach when they pay their taxes. Well-established crypto exchanges, like Coinbase and Binance, are required to do the same thing this year. Why is it that Republicans are coming here today and saying: We want these decentralized finance crypto exchanges to be exempt from what everyone else in the financial service industry does? The answer is two words. The answer is the same answer as to why it is we are about to see a new spending bill approved tonight. It is the same answer as to why Republicans are insistent on a reconciliation bill that will add literally trillions of dollars to our national debt as they boast about being fiscal conservatives who are cutting healthcare in this country. It is the same answer as to why Republicans cannot find their tongue when Elon Musk goes rampaging through our civil service. The President is responsible for dismissing more veterans than any President in the history of the United States.…
Said by
Lloyd Doggett
Democratic · Texas
Source
govinfo.gov
Mar 11, 2025

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