Actually, Mr. Speaker, I have a point of clarification for the chairman. Is this bill affecting all furloughed Federal workers, anyone furloughed, or anyone affected by the furlough in any way? Any consumer, any American that is affected? Mr. Speaker, I yield to the gentlewoman.
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Just this morning, before the hearing, I saw news that Russia is exploring legislation to formalize their ability to transact in crypto.
I would call upon the subcommittee to think deeply about passing some sort of bill about stablecoins.
If I am an issuer and I want to create a stablecoin, I technically don't know if I am going to be answering to a State regulator, a Federal banking regulator, the SEC, or the CFTC.
My good friend from California on the other side of the coast, a lot of similar issues, and I have gotten to know this Congressman for a long time since I have been here. There were many social gatherings and things. I am going to miss the…
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