Bo Hines

is this your first bill that you've gotten done as a senator it is um i've served in the senate for over four years but we were in the minority for the past four years so this is the first opportunity since the senate was taken by the republicans to actually drive legislation through and the fact that we had the house representatives of the senate and the white house made this possible it was just a threshold concern we worked so hard as you know to retake the senate in 2024 to retake the white house in 2024 and hold on to the house representatives it worked

And that's the only thing that's enabled us to deliver this type of meaningful legislation.

And I say this too, it's been a great team that has done this.

I may be the author of the legislation, but the leadership that you've brought to bear from the White House, coming in and donating your time from the private sector, working as a volunteer here,

but making certain that the leadership and the vision is present here in the executive branch, you've been absolutely great.

And that vision, I think, is carried forward into the Senate, the House.

More and more people are understanding this and catching on.

And I think what we've done today is launch the catalyst for what's going to make America the crypto capital of the world.

Well, I think the Founding Fathers made it actually quite difficult to legislate for a reason.

But it is difficult.

It's taken months upon months to get to this point.

And the legislation, the Genius Act has been killed a couple of times in the media.

Elizabeth Warren declared victory early on that she killed the bill.

That didn't happen.

She didn't have the juice to do it.

But there have been many, many attempts.

There's a fundamental reason for this, David, because Elizabeth Warren and her crowd want to see a central bank digital currency.

What they want is control of our transactions.

They want the ability.

They're the ones that wanted to get to a $600 threshold for your Venmo transactions, reporting everything.