senator boozman. sen. boozman: thank you, madam chair. i appreciate your question concerning enforcement. that's one of the things that, you know, comes up in regards to the bill. does the cftc have the ability, are they a strong enough enforcer. and i think you answered that question very, very well, explaining your role and the great job that you're doing with the resources that you have and punching so far above your weight. and yet while still protecting the customer, while still enabling innovation. so, again, thank you for, again, a great response in that regard. the next thing that comes up is user fees on derivatives. market activities. i've had the opportunity, i've been on the subcommittee on appropriations that has to deal with that and really championed efforts to make clear that the cftc does not have the authority to pose user fees on derivative market activities. that said, our current bill authorizes the cftc to impose a user fee only on digital commodity platforms. do you agree that our bill as written prevents any applic

attending the national be pro, be proud conference alongside representative french hill and senator john boozman. the progress that has been achieved today by this organization is remarkable. and in the realm of work force development, its gains are second to none. in february of this year, officials in north carolina signed a contract that established a be pro, be proud pilot program within the state. this is wonderful news indeed. as you can probably tell, mr. speaker, this is truly a state-led effort that is a model to other states and becoming a national movement. and one that is a force to be reckoned with. states need to know that the power is in their hands to implement strong and effective work force development programs. they need to know that they, in fact, are in the driver's seat. thank you to everyone who has worked so diligently to make be pro, be proud what it is today. the work you're doing will go on to leave a positive impact on america's future leaders for generations to come. mr. speaker, it's no wonder the american people believe that washington is out of touch. last week pr

they are considering a crypto bill sponsored by sovereign boozman which focus on digital commodities. i appreciate their work. it is critical, though, that we are careful and deliberate in a drawing jurisdictional lines in this kind of regulation. we have to prevent gaps in close loopholes that can be exploited or abused. it's not easy. it's why action by the agriculture committee and the -- chair gensler is very familiar with whether action is welcome. we also know it is not enough. when congress wrote dodd-frank, we fixed the video in the over countered derivatives market. we need to remember thinking of the damage that was done when it comes to -- fire to it comes to crypto. the regulators need to work together to make sure investors and consumers and market stability come first. fcc's work on climate risk disclosure is an important example of how to improve the markets understanding of risk and provide transparency incomparability, clarity, and uniformity. if only a subset of companies provides disclosure and they do so however they want, that doesn't serve anyone. investors outsi

. >> will thank you veryy much senator boozman. thank you so much to all of you. we appreciate your testimony and look forward to continuing to work with you. also appreciate so much chairman and his leadership at the cftc which is going to be so critical moving forward. we sought last year, a lot o volatility in the marketplace.ss we have a bill that's going to address that to make digital commodities safer for americans to use, and to trade. and again, investing and supporting the innovation and the opportunities ass well. i think this is a really important opportunity for us to move forward. i'm hoping our colleagues will join us on this biparsan bill so we can get the cftc to work. and again thank you for the record will be remain open for five business days for members to submit additional questions or statements.io wiout further comment, the meeting is adjourned. thank you. [background noises] [background noises] [background noises] >> coming up next, economists and academics testified on the role of corporations and driving up inflation. then a hearing focu