OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Guiding and Establishing National Innovation for U.S. Stablecoins Act--

Floor Speech

Date: May 20, 2025
Location: Washington, DC


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Mr. CRAPO. I would like to make some remarks. If my colleague is going to make some remarks, I would yield to her first.

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Mr. CRAPO. I will object, and we can make our remarks after.

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Mr. CRAPO. Madam President, I want to explain the reason for my objection.

This is another of many attempts that have been made to stop the efforts of President Trump and his Cabinet and the rest of the administration in downsizing our bloated bureaucracy and trying to bring a little bit of control to the amazing growth of our Federal Government without causing the damage that is always alleged that is being done.

From groundbreaking biomedical advancements through the NIH to critical healthcare coverage for America's most vulnerable patients, the Department of Health and Human Services oversees many of the Federal Government's most essential functions. But far too often, these programs fall short of their well-intended purpose.

Bureaucratic overreach has resulted in the loss of trust from many Americans. Waste, fraud, and abuse have contributed to excessive spending without meaningful improvements in outcomes, and that is driving our national debt now to $37 or $38 trillion.

Secretary Kennedy has committed to addressing these failures. He has made himself and his staff available to Congress and the American people to restore faith in our institutions. When issues have arisen, Secretary Kennedy has worked quickly to remedy the problem. In fact, in recent days, Secretary Kennedy has appeared before two Senate committees to have an open, transparent conversation about the Department's efforts.

Last week, the Senate Finance Committee moved to advance more nominees who will assist in the Department's management and communication with Congress.

Secretary Kennedy and his team deserve time to deliver on the promise of putting patients first, promoting transparency, and following the science.

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