Pat McHenry

You see Alipay and WeChat Pay working. Why not just do a Facebook version of Alipay in order to level this?

So in seeking to develop a payments platform internally, before you handed the technology over to the association for Libra, was that because of examples globally of competitors creating payments platforms?

Today is a trial on American innovation. There is a growing concern about the role that technology plays in our lives.

Are we going to spend our time building a brighter future for Americans or trying to tear each other apart?

The question is, are we going to spend our time trying to devise ways for government planners to centralize and control as to who, when, and how innovators can innovate?

If history has taught us anything, it is that it's better to be on the side of American innovation, competition, and most importantly, the freedom to build a better future for all of us.

Safety and soundness to our financial system, to the footprint that the three of you oversee is your primary obligation to us as taxpayers.

This is a powerful opportunity for bipartisan cooperation.

Unparliamentary language when you are accusing somebody testifying of personal corruption is unbecoming of this institution.

I think we all can agree that we have the same issue here on Capitol Hill, and if two or more are gathered on Capitol Hill, there will be a disagreement.

We all have taken an oath to uphold the Constitution. This includes ensuring that the Bureau's organizational structure, which was created by the Democrats, is constitutional as well.

I appreciate your commitment to process, to fairness, and to the rule of law, and I want to thank you for your recent letter to the Department of Justice and to the Speaker of the House about the for-cause removal provision that governs…

Okay. So what I am saying here is under previous regimes--

I just have a question, leaving a voicemail, should that be a safe thing for a debt collector to do?

If we don't build our real-time payments here in the United States, rest assured, China will.

Okay. The absurdity of 'absolute accuracy.'

Do you see any reason why the Fed shouldn't report this information to policymakers on the Hill?

On balance, a well-regulated migration to the cloud can be a better decision for financial institutions.

The data indicating that there are gender and racial wealth gaps tells us that that is not the case.

Every American should have full and equal access to the same economic opportunities.

Thank you for being here.

Excellent. Well, let's get at it, right? Pitter patter, let's get at her. Let's make some progress here.

So broadly, that cryptography, the blockchain cryptography, is this leap forward in order to ensure that you can have that movement of data.

This has been great testimony, an informative panel, and I think it is quite constructive.

Cybersecurity as the chief threat to the financial system, not productivity, not growth at home, not political upheaval in Europe, not the slowdown in China, but cybersecurity.