Yes. For example, if this was in place during COVID, when we had to onboard massive numbers of unbanked customers, but the customers had had a secure digital ID, would that have been a big improvement in our response to COVID?
Foster discusses the potential benefits of secure digital IDs during COVID-19 onboarding.
Share
More from Bill Foster
I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.
Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----
I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.
This bill strengthens FSOC's capability to execute its mission by improving consistency, accountability, and outcomes for our financial system. I appreciate also Ranking Member Waters' support for this bill in committee and urge my…
Other voices in this conversation
