Alex Mooney: “It is their policies. It is their policies. It is coming from inside the House.”

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), add the following: Sec. _. None of the funds made…

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

This is bad for jobs. It is bad for the strength of the dollar. It is bad for our status as a reserve currency.

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.