Alex Mooney: “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…”

I am grateful for the House Ethics Committee's decision and dismissed allegations of misconduct as driven by politically motivated actors on the extreme left.

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…

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