05/10/2022
https://congress.gov...
"We want to make sure that companies that do not fall into the normal bucket of regulatory authority could not threaten the U.S. financial system."
"I have serious concerns with Facebook's plans to create a digital currency and digital wallet and its effort to enlist partners that expand its reach, like MasterCard, PayPal, Visa, Uber, Lyft, and Sp..."
"Facebook's voice is more like the godfather's voice in the family."
"Earlier today, I told Mr. Marcus that this is not Silicon Valley and that all problems with the Libra and the association need to be worked out before the launch date."