05/09/2023
https://congress.gov...
"If we are not using the data, why are we collecting it? Why are we keeping it?"
"I think if we look at what we are doing, and I think this is what this committee hearing is about today, and how much funding we are doing to the Chinese government to be able to compete with us on th..."
"I believe the Bank Secrecy Act needs to be revised because we are dealing with reporting thresholds that were developed in the 1970s at $10,000, to where it should be around $65,000 to $70,000 today."
"Thank you, Mr. Chairman. I just want to congratulate you on taking the reins of this committee, and the ranking member."