Political Quotes

“I want to say a few words about the Wyden- Lummis-Toomey amendment that is ready before the Senate to vote on tonight. America is, at its core, a country of innovators. It is written into our DNA. It is why we were the first country to develop a computer, land on the Moon, and develop the internet. Right now, our financial system is evolving before our eyes, much in the same way that the internet first began to find a foothold in the mid-1990s. Distributed ledgers, digital assets, and other forms of financial technology are in the early stages of transforming the way we share and store value. These technologies have the potential, if implemented properly, to create a vast, new economic opportunity, reduce systemic risk in our economy, and provide for faster payments and create a more inclusive financial system. These are principles that all Americans can agree on. America has a heritage of being the global leader in financial services, and this has created enormous wealth and opportunity in this Nation. But we must be careful not to rest on our laurels. America's leadership in the global economy is a privilege, not a right, and one we must earn through innovation and hard work. Europe, China, Singapore, and other nations have a head start on the United States in implementing financial technology and integrating it into their economies. We have a window to catch up because the U.S.…”