| Principles of Digital Asset Market Structure Legislation
This week, I joined the Subcommittee on Digital Assets Chair, Cynthia Lummis (R-Wyo.), and Executive Director of the President’s Council of Advisors on Digital Assets, Bo Hines, for a conversation on our recently released principles for the development of market structure legislation and the legislative pathway forward. Click here or on the image above to watch the panel. A Different Approach to Help Save American Lives
For too long, Americans across the country have fallen victim to the illicit actors that fuel the fentanyl trade, and it was clear we needed a different approach to help save American lives. That’s why I drafted and led the FEND Off Fentanyl Act that was signed into law last year to target the financial assets of the criminal groups in China and Mexico poisoning our communities and profiting off the backs of Americans suffering from addiction. This week, the U.S. Department of Treasury (Treasury) took action against three Mexico-based financial institutions who have played a key role in money laundering in connection with the illicit fentanyl trade. Treasury’s orders are a direct result of the authorities provided by the FEND Off Fentanyl Act, legislation I led to target the China-Mexico fentanyl supply chain.
Read more here! | 