Thank you, Mr. President. It’s an honor to be here with you and this exceptional group of business leaders.
Thanks to your leadership, the era of political lawfare, de-banking, and regulation by enforcement is over. Innovators like the people in this room are welcomed to the White House, not railroaded to the big house. And the new frontier of finance is being built right here on American soil.
From day one, this President has been clear: America will not fall behind and allow other countries to take its position as the greatest place on Earth to build a new technology, operate a business, and invest for the future. The world will run “on the backbone of American technology.”
Under President Trump’s leadership, we’ve codified the GENIUS Act, established a strategic bitcoin reserve, drawn a clear line in the sand between crypto securities and commodities, launched the first U.S. crypto perpetual, and protected the rights of software developers.
We’ve exiled Gary Gensler, defeated the anti-crypto army, and made America the crypto capital of the world.
And I’m proud to be working with Secretary Lutnick and the Department of Commerce to make America the compute capital of the world. This may be the most important commodity of our time – some are even calling it digital oil. And America needs to dominate these markets to win the AI Race.
We’ve also protected federally regulated prediction markets from rogue state attorneys general like Letitia James who seek to nullify federal law and push these financial markets offshore – to unregulated and foreign venues.
American dominance in the technologies that will define the future remains unmatched. We are truly in a Golden Age of American Innovation.
Now, the United States has a choice. We can either write the rules that define the next generation of financial markets, or we can let other countries write them for us.
With Congress advancing the CLARITY Act towards the finish line, we stand ready to implement the bill once it’s been signed by the President. But we’ll use every tool available to move the President’s pro-innovation agenda forward in the meantime.
Tomorrow, at the inaugural meeting of the CFTC’s Innovation Advisory Committee, I look forward to sharing more details on our regulatory roadmap for the new frontier of finance. A path forward that provides greater certainty for innovators while reinforcing confidence in our markets for decades to come.
This President has assembled an extraordinary team of entrepreneurs, builders, investors, and business leaders serving and advising in government, like David Sacks here. This real-world experience has already brought valuable perspectives into policymaking, and it will continue to pay dividends to the American people.
Innovation depends on regulatory clarity. Clear rules create confidence. Confidence attracts investment. And investment creates jobs, strengthens our markets, and keeps the world’s best talent building here in America.
Mr. President, thank you again for your leadership and for making American innovation great again. The work we’re doing now will shape the future of our great nation for decades to come.
Now, I’m honored to introduce the most pro-innovation, pro-free market SEC Chairman in America’s history, and what an upgrade from Gary Gensler, Paul Atkins. Mr. Chairman, please.
