Rep. Brad Sherman on SEC approval of Bitcoin EFTs: "the right time was 5 years ago"

Who?Rep. Brad Sherman (D-CA) Ask a Pol asked:“What did you make of [SEC Chair Gary] Gensler’s move on crypto at the SEC?”Key Sherman: “I think anything that adds more additional regulation to the space is a good idea,” Sherman told Ask a Pol, adding “The right time was five years ago, but it’ll do for now.” LISTEN: Laslo & ShermanMatt Laslo’s a veteran congressional correspondent, new media prof. & founder of Ask a Pol — a new, people-powered press corps.Ask a Pol — asking your lawmakers your questions at your US Capitol.@Ask_a_Pol or @askpolsBelow find a rough transcript of Ask a Pol’s exclusive interview with Rep. Brad Sherman (D-CA), slightly edited for clarity.TRANSCRIPT: Laslo & ShermanMatt Laslo: “What did you make of Gensler’s move on crypto at the SEC?”Brad Sherman: “I haven’t seen anything in the last four hours, so…”ML: “Oh no, his move a couple weeks back — kind of.”BS: “I think anything that adds more additional regulation to the space is a good idea.”ML: “Yeah?”BS: “Yeah.”ML: “Is it time for that?”BS: “No, the right time was five years ago, but it’ll do for now.”ML: “Yeah? There you go, Preciate ya.” This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.askapoluaps.com/subscribe