Senator Sheldon Whitehouse
👤 SpeakerAppearances Over Time
Podcast Appearances
And as the ranking member on the committee, I just cannot allow them to just jam us and pass bad legislation that has open loopholes that will create really bad situations for consumers, for investors, all these kinds of things, especially when We're here. We're here to work. We're here to speak and try to come up with a good bipartisan bill. But don't try to fuck us on it.
That's not going to happen. And they're trying to do these threats where like, oh, if you do this, the crypto industry is going to say that you're anti-crypto. We're all going to label you guys as anti-crypto. And that only... Makes me even more intensely mad at them because now you're just doing more and more threats. We can get a good bill.
That's not going to happen. And they're trying to do these threats where like, oh, if you do this, the crypto industry is going to say that you're anti-crypto. We're all going to label you guys as anti-crypto. And that only... Makes me even more intensely mad at them because now you're just doing more and more threats. We can get a good bill.
That's not going to happen. And they're trying to do these threats where like, oh, if you do this, the crypto industry is going to say that you're anti-crypto. We're all going to label you guys as anti-crypto. And that only... Makes me even more intensely mad at them because now you're just doing more and more threats. We can get a good bill.
We could get a good bill that protects consumers, protects investors, brings back a lot of this innovation back to the United States. And we have the time to do it. But you can't throw us in the corner. You can't try to fuck us and then say, like, hey, you know, deal with it. Like, that's just not going to work, especially when you still need our votes no matter what.
We could get a good bill that protects consumers, protects investors, brings back a lot of this innovation back to the United States. And we have the time to do it. But you can't throw us in the corner. You can't try to fuck us and then say, like, hey, you know, deal with it. Like, that's just not going to work, especially when you still need our votes no matter what.
We could get a good bill that protects consumers, protects investors, brings back a lot of this innovation back to the United States. And we have the time to do it. But you can't throw us in the corner. You can't try to fuck us and then say, like, hey, you know, deal with it. Like, that's just not going to work, especially when you still need our votes no matter what.
So we have had an understanding that there was going to be, this is not a Trump-focused thing, that there's going to be a general understanding of what you would do with any type of industry currency altogether. And that means that the president, the vice president, and members of the executive cannot engage in this because it is essentially self-dealing, right?
So we have had an understanding that there was going to be, this is not a Trump-focused thing, that there's going to be a general understanding of what you would do with any type of industry currency altogether. And that means that the president, the vice president, and members of the executive cannot engage in this because it is essentially self-dealing, right?
So we have had an understanding that there was going to be, this is not a Trump-focused thing, that there's going to be a general understanding of what you would do with any type of industry currency altogether. And that means that the president, the vice president, and members of the executive cannot engage in this because it is essentially self-dealing, right?
Same with senators, by the way, and same with members of Congress. They should not be able to issue their own stable coin, issue their own coin in general, anything like that. You should not be able to do it. So that was our understanding. And again, this isn't a Trump-focused thing. He is going to be able to do his meme coins all he wants. That's a totally different subject matter.
Same with senators, by the way, and same with members of Congress. They should not be able to issue their own stable coin, issue their own coin in general, anything like that. You should not be able to do it. So that was our understanding. And again, this isn't a Trump-focused thing. He is going to be able to do his meme coins all he wants. That's a totally different subject matter.
Same with senators, by the way, and same with members of Congress. They should not be able to issue their own stable coin, issue their own coin in general, anything like that. You should not be able to do it. So that was our understanding. And again, this isn't a Trump-focused thing. He is going to be able to do his meme coins all he wants. That's a totally different subject matter.
But no one is going to have an exemption at all on this. And that's not the biggest hang up on this at all. It's the fact that, you know, they're backsliding on their word and again, trying to basically force our hands. And, you know, that's my opinion. I think that's going to work.
But no one is going to have an exemption at all on this. And that's not the biggest hang up on this at all. It's the fact that, you know, they're backsliding on their word and again, trying to basically force our hands. And, you know, that's my opinion. I think that's going to work.
But no one is going to have an exemption at all on this. And that's not the biggest hang up on this at all. It's the fact that, you know, they're backsliding on their word and again, trying to basically force our hands. And, you know, that's my opinion. I think that's going to work.
look i'm focused on a couple of things housing we just need to figure out how to get as much housing uh online as fast as possible you know when we talk about it like everyone thinks about it in the way like yes it's important for us to ask for people to be housed right we want homeless people but it's also important for a couple reasons number one financial stability you know people that have homes
look i'm focused on a couple of things housing we just need to figure out how to get as much housing uh online as fast as possible you know when we talk about it like everyone thinks about it in the way like yes it's important for us to ask for people to be housed right we want homeless people but it's also important for a couple reasons number one financial stability you know people that have homes
look i'm focused on a couple of things housing we just need to figure out how to get as much housing uh online as fast as possible you know when we talk about it like everyone thinks about it in the way like yes it's important for us to ask for people to be housed right we want homeless people but it's also important for a couple reasons number one financial stability you know people that have homes
are more likely to, are less likely to end up below the poverty line, are more likely to have better healthcare outcomes. Children, when raised in a stable housing environment, end up also having better healthcare and educational and societal outcomes, right? The fact is right now, you know, people in their mid-30s are not going to be able to buy a home for quite a while.