Anthony Gonzalez: “I think a lot of it primarily has to do with the deregulation and the tax cuts.”

Thank you. Another provision within the enacted legislation is a report to this committee on the indebtedness of countries to China through the Belt and Road Initiative.

This is a total giveaway to the private equity industry.

This would bring CoFAR's annual budget to $15,200,000.

My contention is that private stablecoins, provided those coins are dollar-denominated and reserves are denominated in U.S. dollars, allow for sanctions to continue.