Even if every major country went into a position of issuing a digital currency, would the private digital currencies still exist?

I do not think anything is inevitable.

I think that there is a high likelihood that over time more and more people will think that a digital currency issued by the central bank is something that the U.S. should be involved in, and so it is important to start that work now.

So you could envision perhaps an international agreement which made these private cryptocurrencies illegal and legitimate only the centrally backed or central bank-backed currency, something like that?

I am also pleased to see the EPA budget proposed a significant increase in the Diesel Emissions Reduction Act, the DERA program, it is critical in my State, and it is particularly critical in low-income communities of color, which…

Recently, we have observed an alarming increase of incidents on aircraft regulated by the FAA.

in my opening speech about the rightwing scheme to capture the Court, the Supreme Court, I described the secret strategy memo that Lewis Powell wrote on the eve of his appointment to the Court about how to deploy corporate political power…

I am thrilled to be able to do that.

Every single American deserves access to high-speed, affordable broadband.

We made clear that the Executive Branch must respect our subpoenas, that there is no such thing as absolute immunity from congressional testimony.

I appreciate this hearing coming in the early part of this Congress so that hopefully, before this Congress is over, we can, in fact, on a bipartisan basis, once and for all move ourselves toward a predictable process for discovery.

We are about to invest $750 million to all States so they can take advantage of that money for marketing and job development.

If Congress cannot reliably enforce its lawfully issued subpoenas, our constitutional structure has been profoundly undermined.

I believe there is a consensus within the Congress that, in fact, even if we disagree with one Chair or another Chair's subpoena, that we would like it handled quickly and in a way that we can believe is just and not partisan.

We need to make this stuff in America so we are not as dependent on other countries.

I think it is vital, particularly for small businesses.

I believe and testify to you today that the consequences will be devastating.

We need every bit of that.