When the Genius act came up for a vote last year, I voted no because it gave Congress's blessing for President Trump and his family to further enrich themselves with very limited protection for consumers. As Congress considers market structure legislation, I intend to submit these amendments to the bill to fully place meaningful guardrails in this industry. The American consumer is not aware of what's going on with crypto. It's time for them to open their eyes. I yield the floor. (07:52–08:02)
CLAIM
Asserts intention to submit amendments for meaningful regulation in the crypto industry.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
