On the recordJune 19, 2019
In the remaining few seconds, let me deal with another subject. Mark Zuckerberg has announced that he's going to introduce a cryptocurrency, or his plans to do so. The effect would be to undermine our economy by reducing the importance of the U.S. dollar in international transactions and to undermine our national security by making it easier for drug dealers, terrorists, and sanctions evaders to do businesses without using the U.S. dollar. I look forward to addressing this House further and to working in the Financial Services Committee. But it certainly concerns me that a man who has benefited like no other from the protection of the U.S. national security efforts and from the U.S. economy would undermine both in an effort to make even more billions. ____________________
