00:04I think the positive impact on momentum for innovation with the passing of the Genius Act
00:11was real and I think it will be the same thing with the Clarity Act and it's not the end
00:15game
00:15I think we'll see more legislation as we go forward but what this administration is doing
00:21which Becky I think this is so simple and so important is they're focused on getting one
00:27set of regulation around financial services not one set for digital one set for traditional
00:34banks we didn't do that when the internet came we didn't do that when the mobile phone
00:39came we have to adjust to the innovation that's coming and I think the past administration
00:44under Gary Gensler just avoided any regulation at all and that was the worst possible thing
00:50and the fact that we're working toward you know a successful Genius Act and now a Clarity
00:56Act knowing there will be more down the road this doesn't solve everything but these are
01:01very positive in getting one integrated market basically gets them
Commenti