Political Quotes

Anthony Gonzalez: A very robust set of regulation, akin to bank-like regulations, would solve a bank-run type of instability, yes.

On the recordMay 25, 2022
A very robust set of regulation, akin to bank-like regulations, would solve a bank-run type of instability, yes.
Said by
Anthony Gonzalez
Republican · Ohio

Editor's note · Context

Gonzalez discusses the need for strong regulations on stablecoins to prevent instability.

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Transmission is incredibly important.

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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.

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So, like, let's build a transmission tie there to move all of that great wind out of Iowa into Chicago that is going to need it, especially with their new goals.

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It's very refreshing to have genuine experts amongst the membership of Congress on this issue.

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