Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Digital Assets, Financial Technology and Inclusion Subcommittee hearing entitled, “Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets.”

Thank you very much. I am very pleased to see the SEC holding bad actors accountable, whether they are using crypto or some other means to scam investors.

Unfortunately, in less than two weeks’ time, the government may shut down because once again extreme MAGA Republicans are playing games with the salaries of Federal employees, including federal law enforcement agencies like the staff of the SEC. I don’t care if you deal in paper stock certificates or if you’re dealing in crypto coin—the law is the law, and the SEC is right to protect investors when you break it.

Thank you and I yield back.

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