One of our duties in Congress is to respond to the world as it actually is rather than the fever dreams of some sort of takeover by world government.

I am a physicist, and I have spent I don't know how many hours getting classified briefings on the breakout time for Iran under that deal, and it was my opinion, as a physicist who understands this technology, that it was an incredible…

I think it is particularly true where you are failing to do a rigorous cost-benefit analysis for many of the rules.

this is another massive, centralized government database that is going to be hacked.

Our intention is that you actually get the 605 done so that you have upgraded reporting of quality of order execution.

this is a classic example.

Just yesterday, Congressman Foster and I sent you a letter signed by 16 Democrats and 16 Republicans to express our concerns about the equity market structure proposals that the Commission has initiated.

this is massive overkill. This is an unnecessary invasion of privacy.

I take it that you are familiar with this graphic from Bloomberg that shows you lagging significantly behind your three predecessors in terms of the number of rules you finalized in the first 2 years of your tenure?

It was seared in pain when----

It was like we were in a car accident.

I was happy to join Chairman Barr, in the letter to Fed Vice Chair for Supervision Barr, requesting more detail on the analysis and supporting data that were used to develop the Basel III Endgame proposals.

I am becoming increasingly worried about the potential for internet-driven bank runs in trying to obviously generate instability.

The divisive, underdeveloped, and arbitrary Basel III Endgame proposal should be withdrawn and replaced with a proposal that focuses on addressing problems that exist.

Payments can be modernized by modifying the existing system infrastructure through innovations led by the private sector.

Only Congress has the authority to coin money and regulate the value of such money.

My time has expired, but I would hope that some of the political people at the White House would inform the Fed that they don't want a recession right before an election.

There is no support for a CBDC in Congress, except from those on the fringes.

Federal banking regulation under the Biden Administration has become unnecessarily divisive and partisan, which itself is an emerging threat to stability.

I have introduced the Electronic Currency and Secure Hardware (ECASH) Act.

How many of the witnesses feel that the current Bank Secrecy Act... represents a violation of the Fourth Amendment?

the American who sells that land gets to put that money in the bank or into other investments that will grow the U.S. economy.

Michiganders and Americans, frankly, rightly are concerned about the CCP buying up land and utilizing taxpayer dollars in our States and elsewhere.

Anyone who says we should make everything in the United States, I invite them to come up with a business plan to make a microwave oven that will retail for $42, manufactured in the U.S. with highly-paid labor.

History tells us that systemic financial risks do not come from politically-driven overreaction to emerging risk, but rather from regulatory capture.