And we will be able to say loudly and proudly, you're damn right it is.

As I said when I made the presentation, they are close to working out the deal with SAB and the custody bank. Mr. McHENRY. Mr. Speaker, reclaiming my time, I would just say that the idea that Congress is going to wait because you have…

This is what you do. These are mandates, right?

Project 2025 promotes radical ideas to materially undermine the Federal Reserve, if not effectively abolish it.

President Biden has now overseen a record 15.7 million jobs created since he took office.

If there was anything that would get rid of the mandate, what would it do to our economy?

Unfortunately, extreme MAGA Republicans are not just ignoring housing inflation; they are advancing their Project 2025 manifesto that would dismantle U.S. democracy and the economy as we know it today.

I would like to compliment you on the job that you have been doing.

The Biden-Harris Administration is fighting every day for people by creating 15.7 million new jobs.

I applaud President Biden for never backing down in the face of opposition.

I want to thank you for the work that you have done.

all FDIC employees deserve a safe work environment.

Republicans are attacking the Democratic Chair, who has already announced he will step down.

I want to know why the report doesn't examine how and why former FDIC Chair, Jelena McWilliams, and her senior staff...did not do more to ensure FDIC workers had a safe workplace.

This bill is opposed by the following organizations: Americans for Financial Reform, Demand Progress, Public Citizen, and Take on Wall Street. Mr. Chair, I reserve the balance of my time.

In closing, I urge my colleagues to oppose this amendment and the underlying bill, and I yield back the balance of my time.

The bill's sponsor has warned that a U.S. CBDC would mirror the surveillance tactics that are baked into the Chinese CBDC without explaining why the United States would ever choose to design its CBDC in a manner that mimics Chinese…

I reserve the balance of my time. Mr. McHENRY. Mr. Chair, I yield 1 minute to the gentleman from Texas (Mr. Williams), the chair of the Small Business Committee and a great leader for business in America, capitalism, and freedom.

I demand a recorded vote. The Acting CHAIR. Pursuant to clause 6 of rule XVIII, further proceedings on the amendment offered by the gentleman from Tennessee will be postponed. {time} 1245 Amendment No. 2 Offered by Mr. Mooney The Acting…

This amendment, like the underlying bill, is dangerous and rash. It would prohibit the U.S. from even training for a race that has already begun. Mr. Chair, I urge my colleagues not to cave to baseless fear- mongering. I have already…

I reserve the balance of my time. Mr. McHENRY. Mr. Chair, I yield 1 minute to the gentleman from Nebraska (Mr. Flood), a leader in digital assets.

I oppose this amendment, which doubles down on the Republican efforts to prohibit CBDCs, which, if Republicans read their own bill, is already prohibited in the bill. This sense of Congress only causes further confusion on how the bill…

Republicans are focused on the bill's prohibition on CBDCs, but according to the nonpartisan CBO: ``The bill's prohibition on the Federal Reserve's use or issuance of a central bank digital currency could apply to bank reserves, which are…

I reserve the balance of my time. Mr. McHENRY. Mr. Chair, I yield 1 minute to the gentlewoman from Utah (Ms. Maloy).

Like the underlying bill, this amendment closes off opportunities for innovation and harming our influence around the world before we have even had a chance to fully study, test, and understand CBDCs. This bill and amendment represent the…