On the recordMay 22, 2024
Today and this week, House Republicans are advocating for the American people and protecting them from bureaucratic overreach. We are pushing legislation that will protect Americans' right to financial privacy and create a regulatory framework for digital asset markets so American industries can thrive. I am grateful to the Financial Services and Agriculture Committees for prioritizing this important issue, and I am grateful to have my friend and colleague from Arkansas here to share more about his work on this. I think one interesting element to this is we had a very strong approach and bill on this regulatory framework regarding these various digital assets. We garnered an incredibly strong bipartisan vote today. I think it is important to recognize this is not a messaging bill in any way, shape, or form. We are trying to make sure we do the thing that we are elected to do, and that is take care of this type of very important work legislatively and not cede this power to the bureaucratic state and the regulators. That is something that we accomplished here, and we are accomplishing this week. It is incredibly important to recognize that we are doing this through legislation and not just through an administrative state. Mr. Speaker, I yield to the gentleman from Arkansas (Mr. Hill), an authority on this topic.
Source
govinfo.gov




