I have a constituent whom I talk to a lot about this and she went to my alma mater for law school, took out a bunch of student loans, and she and her husband are making real trade-offs as far as, can we afford to have another child, can we afford to buy a home.
Gonzalez shares a personal story illustrating the burden of student loans.
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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.
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.
You also said that you are in favor of a world where we have coexisting alongside of each other, CBDCs and stablecoins.
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.
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