One of the things that we have attempted to do in Congress to make a more competitive operation is to have data portability standards and interoperability standards.
Bill Foster: “One of the things that we have attempted to do in Congress to make a more competitive operation is to have data…”
Editor's note · Context
Discussing efforts in Congress to enhance competition in core processing markets.
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If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.
This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
If you conclude, as you are actively studying it, that you need more visibility into certain areas of, particularly nonbank things that may be parts of the chain of contagion, please let us know, because it is our job to avoid the next…





