Frank Lucas said...

Unfortunately, both of the proposals from the Federal Reserve will drive up the cost of hedging for end users.

My concern is that once we build a CBDC, we don't have it just today and tomorrow with our current set of regulators.

The proposed rule would impose requirements that are inconsistent with the CFTC rules.

We have heard from the witnesses today about the unprecedented pace and scope of the SEC's rulemaking agenda.