Jim Himes: “For all the rah-rah patriotism, think about this. Again, I will acknowledge that we don't know if this is a good idea or…”

“For all the rah-rah patriotism, think about this. Again, I will acknowledge that we don't know if this is a good idea or a bad idea, and we ought to find out. Let's imagine that the European Union, which Mr. Barr wants to dissociate himself with, puts out a CBDC that picks up real usage. Now all of a sudden, we have a threat to the dollar because we are still handing around pieces of paper because the Republican majority said we shouldn't even research something that may or may not be a good part of a modern, 21st century economy. Don't go with ignorance. You are too smart for that. Don't risk putting us behind on something that could be really important to the future of the American dollar. Vote ``no'' on this ignorant bill.”