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Chair says bill marking up U.S. digital-asset rules will protect consumers, keep innovation domestic and strengthen security

U.S. Senate Banking Committee GOP · May 14, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The chair opened a committee markup of a digital-assets bill, outlining three goals — consumer protection, keeping innovation in the U.S. and stronger national-security enforcement — and said months of bipartisan talks produced the draft; no bill number or vote appears in the transcript.

The chair opened the committee markup by saying it was “an important day, not just for this committee, but for the country,” and introduced a bill he said would bring digital assets out of a regulatory gray zone.

“Today, we changed that,” the chair said, announcing a bill the committee was marking up that he summarized as having “three simple goals”: protecting consumers, keeping innovation here at home, and safeguarding U.S. national security.

On consumer protection, the chair said the…

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