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 digital ID during COVID for onboarding unbanked customers.
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In 2021, President Biden issued an Executive Order encouraging regulators to take steps to promote market competition across our economy.
Americans are better off when we have options, and we should strive for a competitive marketplace for banks of all sizes.
We would have been better off as a country to have subsidized the drone market so that we would dominate there.
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