Ensuring America Leads the 21st Century

For too long, our economy has rewarded a handful of winners while everyone else gets left behind. It's time for leadership that puts working families first, not special interests. We have a choice. Give away our future to countries like China or build it right here at home, together. By setting clear common sense rules for new technologies, we can spark American ingenuity that cuts costs for family and creates millions of good paying jobs. This is about ensuring the United States, not China, leads the world economy. Working together, we've already passed bipartisan laws to crack down on bad actors and empower American innovators all while protecting your hard earned money and the strength of the US dollar. We must keep fighting to ensure that America leads the 21st century with an economy that creates opportunity for every single American, not just the wealthy few. America is the greatest nation on earth because we are a nation that embraces opportunity and leadership is about challenging the status quo, not protecting it, particularly at a time when the economy and financial system are increasing the wealth gap and separating a small handful of winners versus everyone else. I represent New York, where we charge towards the challenge of the future, not run from it. While those other guys want to return to the past, progressives need to embrace change. I do not believe America should see the future to anyone, let alone China. Let's embrace and build this future together by establishing clear and fair rules for the road for individuals, businesses, and regulators. We can show that the world, that America will remain the financial capital of the world for years to come. Right now, America is at a crossroads with personal finance with too many people paying exorbitant fees for the pleasure of accessing their own money. Technology has extraordinary power to transform our economy for the better, democratizing finance and empowering everyone, not just a handful of powerful institutions. Congress has the obligation to protect consumers, expand financial opportunity for the masses, and ensure fair competition. Working in a bipartisan fashion, I've committed to making sure America can weed out the crooks and criminals and let our innovators shine. This is a common sense foundation that builds trust in a digital economy that we can all agree on, where responsible creators can build and bad actors cannot hide. Currently, we are working on bipartisan market structure legislation to help provide that regulatory clarity that innovators need to develop these projects domestically. President John F. Kennedy once said, for time in the world, do not stand still. Change is the law of life. And those who look only to the past or the present are certain to miss the future. There is more work to be done to ensure America leads the 21st century in setting democratic standards, open technology, and strengthen our economy and create opportunity instead of oppression. It is critical that we pass this very meaningful piece of legislation.