The Gensler Confirmation Hearing: Two things for you to do
A Senate hearing on cryptocurrency regulation was held today, with the SEC and CFTC testifying. Here are two things you can do to help.
The gary gensler is a confirmation hearing for the Gensler. The two things that you should do are to read up on the confirmation hearing and vote.
CryptoLaw’s Founder and Host, John E. Deaton
The Senate Committee on Banking, Housing, and Urban Affairs will conduct a hearing on Gary Gensler’s nomination to chair the Securities and Exchange Commission today at 10:00 a.m. E.T.
Every digital asset owner in the United States should be aware that the next SEC chair will be the most significant appointment in cryptocurrency history. The SEC’s actions, and inactions, in the next four years will determine the future of cryptocurrency and our future as holders and investors.
Gensler should understand the value of innovation as the former Chair of the Commodity Futures Trading Commission and an MIT professor who is well-versed in blockchain technology.
He should meet with cryptocurrency investors, project developers, and businesses developing blockchain goods in good faith and begin working with the rest of the Administration on the regulatory framework for digital assets that our nation desperately needs.
So here are two things that every digital asset owner in the United States should do:
This link will take you to a video of the hearing. Pay attention not just to Gensler’s comments and replies, but also to whether or not the senators on that committee are reflecting your concerns and interests. Are they advocating for you? Do they seem to be paying attention?
Make your opinion known. The members of the Senate Banking Committee are listed here, along with their Twitter handles.
Don’t be afraid to speak out.
Allow them to hear you:
Chairman Sherrod Brown (D-OH): @SenSherrodBrown
Senator Jack Reed (D-RI) on Twitter: @SenJackReed
Senator Bob Menendez (D-NJ) on Twitter: @SenatorMenendez
Senator Jon Tester (D-MT) on Twitter: @SenatorTester
Senator Mark Warner (D-VA) on Twitter: @SenatorWarner
Senator Elizabeth Warren (D-Massachusetts): @SenatorWarren
Chris Van Hollen (D-MD) is on Twitter at @ChrisVanHollen.
@SenCortezMasto: Catherine Cortez Masto (D-NV)
Tina Smith (D-MN) is on Twitter as @SenTinaSmith.
Senator Kyrsten Sinema (D-AZ) on Twitter: @SenatorSinema
@Ossoff, Jon Ossoff (D-GA)
@ReverendWarnock, Raphael Warnock (D-GA)
Pat Toomey (R-PA) is a ranking member of the Senate. Follow him on Twitter at @SenToomey.