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Senate Banking Committee Chairman Brown Issues Opening Statement at Hearing on Crypto Crash
February 18, 2023
WASHINGTON, Feb. 18 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following opening statement at a hearing on Feb. 14, 2023, entitled "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets":

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What a difference a year makes.

Go back to last year's Super Bowl. The cryptocurrency industry spent a whopping $54 million on eight ads, promising Americans unto . . .

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