Thank you, Chairman Barr, thank you to our witnesses for being here today, and thank you to our regulators for appropriately and thoughtfully responding to the changing risk profiles of our financial systems.
Foster appreciates regulators for addressing evolving financial risks.
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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?
Today, I missed a recorded vote. Had I been present, on rollcall No. 715, the motion to suspend the rules and pass H.R. 4531, the Support for Patients and Communities Reauthorization Act, I would have voted ``yea.'' ____________________
Emerging technologies like artificial intelligence present new opportunities to make our financial system more secure, inclusive, and efficient.
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