We should not pay for infrastructure by borrowing or printing billions of additional dollars.

It is time for all of our communities and the workers and their families that call them home to share in our country's prosperity.

Unfortunately, the Biden administration would not agree to these sensible features, and they walked away from negotiating with some of us.

Thank you, Mr. Chairman. Commissioner Parsons, first of all, thanks very much for joining us.

I have yet to receive a response. When will Treasury respond and comply with my request?

China, after all, has a State-controlled economy, has a repressive authoritarian Government that has got capital controls on the yuan.

In fact, there are a lot of reasons to believe China's digital currency will not be terribly appealing.

I think we should consider the development of private digital currencies.

The Fed, after all, has absolutely no experience in that realm.

In my view, turning the Fed into a retail bank is not a good idea.

Private digital currencies have the potential to increase access to financial services for all Americans while increasing individual privacy.

What problem is the central bank digital currency trying to solve? In other words, do we need one?