Political Quotes

“I thank the chairman of the committee for yielding. In a rarity of Congress, the title of this bill actually reflects both the content and the gravity of the subject at hand. Many of my constituents, my bosses, were rightfully concerned when the President's administration announced its intention to surveil their pocketbooks over transactions as low as $600. A central bank digital currency would be infinitely worse. It would give the government unprecedented visibility and control into Americans' transactions. What does that mean in practice? It means that it is much easier to track purchases of things that the government doesn't like, like firearms or other items disapproved by the government. It is much easier for the government to shut down dissenting voices, and it is much easier for the government to control Americans. Now people on the other side say: Well, that would never happen. It would never happen that the government would tell you what kind of car you have to buy because they are not going to make any others. The government would never tell you what kind of stove you cannot buy. That would never happen either. We should learn the lessons from the oppressed citizens everywhere from Canada to the communist Chinese before it is too late. I urge adoption.”