On the recordMay 10, 2022
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.
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congress.govIf 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.
Gonzalez emphasizes the risks of liquidity challenges in financial markets.
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You also said that you are in favor of a world where we have coexisting alongside of each other, CBDCs and stablecoins.
I think the accredited investor rule, in particular, just by definition, shuts out so many Americans.
I tend to feel like if you were to poll-test most Americans and say, hey, how do you feel about your pension assets being invested in companies that are designed to destroy your country, they would probably say, no thank you, to that.
Thank you, Chairwoman Beatty, for holding today's hearing, and thank you to our witnesses for your testimony.