02/02/2009
https://congress.gov...
"I am concerned about the effect this is going to have on deposits at regional banks and credit unions and smaller banks."
"I oppose a cryptocurrency ecosystem in which millions of dollars can go from one unnamed entity or person to another unnamed person."
"Such an argument doesn't fully contemplate the extent of the possible abuse that could come from regulators or political actors, if given this tool."
"My concern is that once we build a CBDC, we don't have it just today and tomorrow with our current set of regulators."