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

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

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

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

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.

Thank you, Mr. Chairman, and thank you to our witnesses.

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

Thank you, Chairman Barr, thank you to our witnesses for being here today, and thank you to our regulators for appropriately and thoughtfully responding to the changing risk profiles of our financial systems.

We are told that these considerations are fringe or immaterial, and there are those who say that it is material only if it is 5 percent of earnings per share.