10/04/2021
https://congress.gov...
"If I am an issuer and I want to create a stablecoin, I technically don't know if I am going to be answering to a State regulator, a Federal banking regulator, the SEC, or the CFTC."
"This is bad for jobs. It is bad for the strength of the dollar. It is bad for our status as a reserve currency."
"I would call upon the subcommittee to think deeply about passing some sort of bill about stablecoins."
"I never imagined I would say that, because American Presidents are not supposed to so brazenly weaponize the SEC to push through radical climate change policies."