On the recordDecember 8, 2021
While there is still a lot of work to do, I have been encouraged by the progress we have seen in recent years.
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congress.govWhile there is still a lot of work to do, I have been encouraged by the progress we have seen in recent years.
Gonzalez expresses optimism about progress in diversity efforts.
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If we have liquidity challenges, if the depths of our markets all of a sudden are impaired, the ability of the financial system to respond to large shocks is severely diminished.
I think it is frankly a call to those who are diverse in positions of leadership to really take it upon themselves to exert even more leadership and pull more people along.
Thank you, Chairman Foster, and thank you, as always, for your leadership on this task force.
Quality of reserves, liquidity, transparency, redemption rights, these are the sorts of things we should be talking about when we are talking about well-regulated stablecoins.