ICYMI: REP. HILL ON SQUAWK BOX: BASEL III IS AN APPROACH THAT WE DON'T NEED

Today, Rep. French Hill (AR-02) joined CNBC's Squawk Box to discuss the status of crypto regulation, Basel III, and more.

To watch the full interview, click HERE


Topline Quotes:
  • "FIT21 that passed the House with 71 Democratic votes is exactly the kind of regulatory framework for digital assets that former President Trump would support if he were re-elected..."
  • "Basel III is an approach that we don't need - even the banks in Europe are generally rejecting it, so I hope that President Trump would reject something like full implementation of Basel III and use a much more tailored, appropriate view to bank regulation as well."
  • "I spent a lot of time in trade as a White House staffer for President George H.W. Bush... I believe that what President Trump says to other countries, huge trading countries like China and others - we're going to impose tariffs on you if you dump goods in our market, dump goods in third countries that then get sold in the United States, and then as you say, it is a cudgel to bring people back to the negotiating table and have a fair trading relationship..."

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