Political Quotes

“Madam Chair, I rise in support of the Central Bank Anti- Surveillance State Act. The Constitution and the Federal Reserve Act of 1913 create the foundation of our money and our economic policy in this country. Article I, Section 8, of the Constitution states that only Congress has the authority to coin money and regulate the value of such money. Today, Congress is exercising its Article I authority to state clearly that the Federal Reserve does not have the authority to create a central bank digital currency. This shouldn't be controversial. It shouldn't be partisan. We know that is the case. We will see how the vote falls today, Madam Chair, but this legislation is necessary, as you have heard this morning, because we live in a world where government can abuse the tools that they have. As noted by the whip, Canadian Prime Minister Justin Trudeau was freezing bank accounts of people protesting COVID-19 restrictions in his country. We read reports from the Select Subcommittee on the Weaponization of the Federal Government of how FinCEN, a bureau of the Treasury Department, pressured banks to screen private transactions of their customers for words like ``MAGA'' or ``Trump'' on behalf of Federal law enforcement. Is that really the country we want to live in? They even tracked people, according to that subcommittee, if you shopped at Bass Pro Shops. I shop at Bass Pro Shops all the time in my district.…”