Alex Mooney: “I see increased participation in our capital markets as a positive development for wealth creation.”

I would call upon the subcommittee to think deeply about passing some sort of bill about stablecoins.

I introduced H.R. 804, the Chinese CBDC Prohibition Act of 2023. This bill prohibits U.S. money services businesses from engaging in transactions involving a central bank digital currency issued by China.

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill (before the short title), insert the following: Sec. __. None of the funds made…

My good friend, Mr. Williams, often starts some of the discussions by asking whether you are a capitalist or a socialist.