Political Quotes

Many financial firms I talked to just told me that a reliable form of digital ID would really simplify the Anti-Money Laundering/Know Your Customer (AML/KYC) process, and make it faster, cheaper, and more reliable when they have to confirm the identity of customers.

FSOC's comprehensive view of the financial system is critical because systemic risks rarely develop in ways that fall entirely within the jurisdiction of a single agency.

In fact, last November, a cybersecurity breach of third-party service providers disrupted the operations of 60 credit unions across 40 States.

I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.