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Dick Durbin: “It is past time that we put common sense guardrails in place…”

Featuring: Dick Durbin, Democratic | U.S. Senate Illinois

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Durbin Highlights His Amendments That Address Volatility And Corruption Of Cryptocurrency Industry

Published | Video Starts at 07:32

Here's the bottom line. Do we want to expose the bedrock promise of Social Security to risky assets like crypto? If your answer is no, I hope you'll support my amendment. It is past time that we put common sense guardrails in place to stop fraud and corruption in the crypto industry. 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. (07:32–07:39)

CLAIM

Asserts the need for regulatory measures to prevent fraud and corruption 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.


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