Bill Foster actually said...

"Emerging technologies like artificial intelligence present new opportunities to make our financial system more secure, inclusive, and efficient."

"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..."

"Yes. Do any of our other witnesses have any comments on this area, the utility of a national standard for a secure digital ID provided by States?"

"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 t..."