Think Washington lawmakers have what it takes to tackle the volatile world of cryptocurrencies? Neither do they.
worth of happiness, retirements, and even basic health care were erased in the blink of a bro’s cunning eye, Congress is cool, calm, and collectively, well, daft.
“I don’t really understand the technology,” says US senator Josh Hawley, a tech-forward Missouri Republican. Talking with lawmakers, it seems Congress continues to wrestle with the definition of what “money” is, even as most of us have moved far past the nation’s representatives and keep asking when we’re going to get our money—digital or otherwise—back. And despite the current crypto collapse, according to Jeffries and many other powerful party leaders, there’s time to kill.
According to US senator Cynthia Lummis , the rise of cryptocurrencies—and the dangers that come with them—caught Congress by surprise.
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