Patrick McHenry
@PatrickMcHenry
Yesterday's @SECgov action on qualified custodians is clearly part of the Biden Administration's attack on the digital asset ecosystem.
Let me be clear: the future of the digital assets is a major political and economic question that must be decided by Congress.
Financial Services GOP
@FinancialCmte
Yesterday's @SECGov proposal on the custody rule for investment advisers raises several concerns – both on process and approach.
Once again, @GaryGensler is attempting to unilaterally expand the SEC's authority beyond that granted to the Commission by Congress.
2023-02-16T15:00:41.000Z
2023-02-16T15:08:15.000Z