On the recordOctober 28, 2013
And many of us believe that the specter of default on sovereign debt should never happen, it is unthinkable.
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congress.govAnd many of us believe that the specter of default on sovereign debt should never happen, it is unthinkable.
Foster emphasizes the importance of avoiding sovereign debt default.
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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?
If you find you need any specific encouragement from Congress, I think there will be bipartisan support for that.
Yes. McKinsey has estimated, I think, between 2 and 3 percent GDP loss from not having a high-quality digital identity.
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.