‘WRONG CONCERN’: Republican rips Jamie Dimon’s crypto comments

Rep. French Hill, R-Ark., analyzes TikTok’s security threat towards Americans, Colorado’s decision to disqualify Trump from the ballot and digital asset legislation. #FOXBusiness

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MARIA: WELCOME BACK, CHINESE COMMUNIST PARTY, DISMISSING U.S. CALL APPEAL FOR HELP IN PROTECTING SHIPPING IN THE RED SEA FROM IRANIAN BACKED HOUTHI REBELS THE FOREIGN MINISTRY SIGNALED WOULD NOT USES CONNECTIONS IF IRAN TO TOP ATTACKS INSTEAD MAJOR TUNZ WITH INFLUENCE NEED TO PLAY A

CONSTRUCTIVE RESPONSIBLE ROLE KEEPING SHIPPING LANES SAFE ONCE AGAIN, A ADDRESSING DOWN BY CHINESE TO YOU. REPORTEDLY MADE FROM CHINESE TECHNOLOGY, A MEMBER OF THE HOUSE HE FOREIGN AFAVORS COMMITTEE, CONGRESSMAN GOOD TO SEE SO YOU MUCH WITH YOU YOU’VE BEEN BUSY WITH DIGIT

ASSETS GETTING THERE FIRST YOUR TAKE ON THIS WITH CHINA? WHAT KIND OF A RESPONSE SHOULD WE BE GIVING THE COMMUNIST PARTY OF CHINA GIVEN ALL AGGRESSION AND EFFORTS TO SIDE WITH ADVERSARIES AGAINST AMERICA? >> A HUGE PROBLEM. MARIA. GOOD TO BE WITH YOU.

THIS IS WHY IT IS SO IMPORTANT, THAT WE WIN IN THIS WAR AGAINST WESTERN VALUES. WE NEED TO DEFEAT PUTIN IN UKRAINE BACKING UKRAINIANS NEED TO DEFEAT HAMAS AND HEZBOLLAH, IN THEIR ATTACKS ON ISRAEL. WE NEED TO DEFEND OPEN SEAS OF PERSIAN GULF AND RED SEA THESE

ARE CRITICAL ELEMENTS. AS YOU POINT OUT, CHINA, IRAN ARE BACKING, RUSSIA AND BACKING THESE TERRORIST GROUPS. CHINA IS BUYING 91% OF IRANIAN OIL, SO THEY ARE FUELING THE TEHRAN MULLAHS AND BACKING OF HOUTHIS BACKING OF HAMAS THE BACKING OF HEZBOLLAH FINANCIALLY AND STRATEGICALLY

ALL LINKED CHINA IS A MAJOR FINANCEAL BACKER DIPLOMATIC BACKER OF THE CHAOS THAT WE’RE SEEING FROM UKRAINE TO THE GULF. MARIA: VERY AHA, WE’VE GOT A NEW STUDY FROM RUTGERS, NETWORK CONTAGION REACH INSTITUTE FINDING CONTENT ON TIKTOK BEING SUPPRESSED BASED

ON WHETHER ALIGNING TO CHINESE COMMUNIST PARTY INTERESTS WE HAVE TALKED A LOT ABOUT PROPAGANDA WAR BUT THAT IS PART OF THIS ISN’T IT IN ADDITION TO THE AGGRESSION LIKE A SURVEILLANCE BALLOON TRAVELED TO COUNTRY FOR A WEEK AMERICA, SURVEILLING AMERICAN SAYS POLICE STATIONS, BULLYING

OF OUR NAVAL SHIPS, AND FLIGHTS IN THE AIR IS ALSO A PROPAGANDA WAR, UNDERWAY PRETTY AGGRESSIVELY RIGHT NOW IS THERE NOT? >> YOU BET YOU’VE GOT CONFUCIUS INSTITUTES IN THE U.S., TIKTOK WHO SHOULD BE SURPRISED BY THAT IT SHOULDN’T

BE ON ANY ONE’S PHONE ON ANY WI-FI NETWORK, A CCP DOMINATED TECHNOLOGY, JUST LIKE THEY DO FOR EVERYTHING ELSE THEY ARE ENGAGED IN THERE IS NO SEPARATION BETWEEN NATIONAL SECURITY, AND THE STATE WHEN IT COMES TO CHINA. THAT INCLUDES THEIR APPROACH TO OUTSIDE CHINA WITH

TECHNOLOGY. WHETHER HUAWEI TELECOMMUNICATIONS OR TIKTOK VIDEOS DISPLAYED ON YOUR PHONE. MARIA: LOOK. THERE IS ALSO AN ISSUE AROUND WHAT IS HAPPENING WITH THE ELECTIONS WE TALK WITH JOHN RATCLIFFE HE SAID YEAH CHINA IS GOING TO INTERFERE IN U.S. INTERCONNECTION PROBABLY GOING

TO INTERFERE IN TAIWAN ELECTION HAPPENING JANUARY 13, EVERYTHING WE’VE GOT GOT EFFORTS TO KEEP FROM OFF BALLOT, ROBERT F. KENNEDY, JR., GOING AFTER CALIFORNIA’S LIEUTENANT GOVERNOR ON X, FOR CALLS TO REMOVE THERE’S NAME FROM PRIMARY BALLOT WRITES IN KNOCKS WE SHOULD CHOOSE

CANDIDATES BY VOTING NOT LEGAL MANEUVERS TO GET THEM OFF BALLOT EVEN “WASHINGTON POST” PORT WRITES SHOULD COURTS THROW TRUMP OFF THE BALLOT? NOT SO FAST WRITES EDITORIAL BORROWED REPORTS ATTORNEY GENERAL WAS FRUSTRATED WITH MERRICK GARLAND NOT GOING AFTER TRUMP TATE SAID TRUMP

WAS THREAT TO DEMOCRACY SHOULD BE PROSECUTED EXACTLY WHAT AG HAS DONE YOU’VE GOT A LOT HERE CHINA, AGAINST UNITED STATES, WORKING TO KEEP THEIR GUY JOE BIDEN IN THE OFFICE. YOU’VE GOT A POTENTIALLY, COMPROMISED PRESIDENT POTENTIALLY COVER-UP AT THE DOJ. >> WE ARE GETTING TO THE

BOTTOM OF THE COVER-UP IN DDOJ THREE ECONOMIES WORKING ON WEAPONIZATION, THEY WILL GET TO THE BOTTOM OF ANY LEAD IN THAT MATTER, AS FOR CHINA? CHINA RUSH NORTH KOREA IRAN AIL ENGAGED IN CYBEROPERATIONS POLITICAL DISINFORMATION ONLINE, THERE IS NO DOUBT ABOUT IT STILL TRYING TO

INTERFERE NOT ONLY WITH OUR ELECTIONS BUT CHINA AS YOU SAY TAIWAN, ELSEWHERE IN EUROPE FOR THAT MATTER. AS RELATES TO DONALD TRUMP, BEING THROWN OFF BLALT IN COLORADO IS RIDICULOUS IT WAS A SPLIT DECISION BLUE STATE SHOWS HOW CONTROVERSIAL IT WAS EVEN IN THEIR SUPREME COURT NO

DUE PROCESS, COURTS DON’T NOAAED TO BE INVOLVED I DON’T THINK ANY STATE EFFORTS WILL APT TO ANYTHING, BASED ON A CIVIL WAR ERA 14th AMENDMENT CLAUSE WE NEED TO GET PEOPLE IN THIS COUNTRY VOTE AND HAVE VOICES HEARD AT THE BALLOT BOX.

MARIA: TALK ABOUT CRYPTO FOR A MOMENT YOU’VE BEEN WORKING ON DIGITAL ASSET LEGISLATION CRYPTO TO BE MEASURED AT FAIR VALUE UNDER NEW FASD RULES WE TALKED ABOUT THAT, IN THE LAST COUPLE WEEKS, WHAT SHOULD THE LEGISLATION LOOK LIKE, TELL US WHERE THE RED

LINES ARE WHAT YOU WOULD LIKE TO SEE PLAY OUT HERE. >> LOOK. WEB 3 BLOCKCHAIN DIGITAL WILL PAYMENTS FUTURE NOT ONLY FINANCE BUT DEVELOPMENT ON INTERNET UNITED STATES NEEDED TO BE A LEADER IN THIS TECHNOLOGY LIKE A LEADER FOR THE PAST THREE DECADES IN THE

INTERNET EVERYTHING THAT OCCURRED FOR GOOD, IN CONSUMERS ON THE INTERNET, SO WE NEED A REGULATORY FRAMEWORK FACILITATES DIGITAL ASSET INNOVATION INVESTMENT IN THE UNITED STATES BUT DO THAT A SAFE AND SOUND WAY INVESTORS CONSUMERS INVENTORS KNOWS WHAT RULES OF THE ROAD ARE IN

FINANCIAL SECTOR THOSE ARE IN COMPLIANCE WITH THINGS LIKE YOU MONEY LAUNDERING THAT IS IMPORTANT WE HAVE LEGISLATION THAT, AING REGULATORIFRAME FOR DIGITAL ASSETS OUR GOAL TO GET PASSED IN THE HOUSE THE EARLIER 2024 WORK WITH OUR COLLEAGUES IN THE SENATE, TO DO THE SAME.

MARIA: WHY DO WE NEED THAT CONGRESSMAN IF WE HAVE THINGS LIKE, I DON’T KNOW YOU’VE GOT KIND OF A DIGITAL PAYMENT OPTIONS. >> WE DO REAL TIME PAYMENTS EVERYBODY KNOWS ABOUT ZELLE, VENMO GOING 24-HOUR SEVEN-DAY A WEEK CLEARANCE, WITH FED FOR

REAL-TIME PAYMENTS THERE IS ABOUT TAKING THE DOLLAR PUTTING IN A STABLECOIN FORM SO IT CAN BE USED INTERNATIONALLY AS A TOKENIZED PAYMENT ON BLOCKCHAIN, WE HAVE A BIG HIGHLY DEVELOPED PAYMENT SYSTEMS IN THE U.S. THIS WILL BE BENEFICIAL I THINK IN CERTAIN APPLICATIONS, AROUND

THE WORLD AND USING THE DOLLAR AS THE PRINCIPAL YOU CURRENCY ON BLOCKCHAIN I THINK IMPORTANT DEVELOPMENT WILL HELP U.S. KEEP US SUPREME IN FINANCIAL SENIORS AND TANGENTIAL. MARIA: VERY, VERY IMPORTANT QUICK, YOU HAVE TO HAVE AN OPINION, JAMIE DIMON’S

COMMENTS TO THE SENATE OTHER DAY RIGHT HE CALLED PONZI SCHEME CRYPTO PONZI SCHEMES FRAUD TOLD LAWMAKER WOULD SHUT INDUSTRY DOWN IF HE HAD A GOVERNMENT ROLE. >> JAMIE DIMON IS A GREAT CEO OF JPMORGAN CHASE NOT RIGHT ABOUT EVERYTHING IN THIS CASE

I DISAGREE WITH HIM VEHEMENTLY, THIS IS SOMETIMES YOU STAND WHERE YOU SIT. THE BANKING INDUSTRY IS CONCERNED ABOUT DECENTRALIZED FINANCE I THINK OVERWROUGHT CONCERN, JPMORGAN CHASE HAS ONE OF THE LARGEST DIGITAL TOKENIZED PAYMENT PLANS IN THE WORLD WORKING ON INSIDE THEIR

COMPANY SO I THINK STATEMENTS WERE A LITTLE OVER THE TOP, I WISH HIM A HAPPY NEW YEAR HOPE CAN HELP GET ARE THE REGULATORY REFORM