Political Quotes

On the recordJuly 9, 2024
Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----
Said by
Martin Foster
Democratic · Illinois

Editor's note · Context

Foster recalls the AIG crisis and its impact on European banks.

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Dec 4, 2023

Do you believe that a secure digital ID might protect consumers and save them time when addressing areas such as consumer online transactions and so on?

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New technologies, like artificial intelligence and digital assets, give scammers many new tools, and, frankly, I worry that our regulators will be quickly outgunned.

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This will have huge benefits for the Federal taxpayer.

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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?

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