07/23/2020
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..."
"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."
"We are also providing stability for that business to ensure that they can remain competitive rather than immediately penalized by the death of the service-disabled veteran business owner."