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Republicans on the Senate Banking Committee today released a discussion draft of legislation that would overhaul the shape of financial regulation for the crypto sector.

Tim Scott lets loose at Exchequer

The Republican chair of the Senate Banking Committee spoke at length to the Exchequer Club of Washington about his plans for the economy and Congress.

Sen. Tim Scott (S.C.) released an official agenda for the Banking panel this morning. But his remarks this afternoon went much further than anything we’ve heard in our time covering the South Carolina Republican.

There’s a lot to unpack here. Let’s dive in.

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