In addition to the potential regulatory burdens of some FinCEN rules, I am also concerned about FinCEN's cybersecurity.

The Russian invasion of Ukraine has put the work that the Financial Crimes Enforcement Network (FinCEN) does at the forefront of our priorities here in the committee.

Obviously, it is critical that we get the balance right between keeping illicit financing out of our country and keeping compliance burdens low.

The Consumer Financial Protection Bureau's recent Section 1071 rulemaking on small business lending data collection exposed a deeper problem that has plagued the CFPB since its inception, which is a weak statutory requirement to analyze…

The Chinese Communist Party is carrying out what is widely acknowledged as genocide of the Uyghurs.

China is not extending their funds to these countries out of kindness. They are using their financing to aggressively expand their influence around the world.

We need other countries to join our effort in order to apply more pressure to Vladimir Putin and Russia.

We need to act quickly to stop China's negative influence from growing further.

I thank the gentleman from Arizona (Mr. Schweikert) for yielding me time. Mr. Speaker, one of the latest partisan games being pushed by the radical left is the call for Supreme Court Justice Clarence Thomas to recuse himself from certain…

I have a general concern about the Administration, all levels of government making law, which is the rule of Congress, not the Administration.

It would require certain White House employees to receive training on economic literacy.

I think some of my colleagues should reeducate themselves on how basic supply and demand works.

There are just too many dollars chasing too few goods.

Inflation remains a serious concern for my constituents in West Virginia. Inflation erodes the real value of every paycheck.

I am concerned that our current economic environment will discourage savings altogether.

Savings is an important way to achieve financial goals, like purchasing a new home, or paying for college, or retirement.

At a time when some regimes, for example, Communist China, are using top-down restrictions on their digital yuan to maintain totalitarian control of their populace, stablecoins have emerged as an innovative, entrepreneurial way to provide…

I do fear that hasty action on the part of regulators could do more harm than good.

It is more important to get it right than to rush and get something done quickly.

I want to ensure that any regulation we provide of stablecoins does not get in the way of one of our country's greatest strengths here in America, which is innovation.

I stand before you to share a story of West Virginia's Second Congressional District's own hometown hero, Tyler Baldwin. Tyler Baldwin is a 17-year-old young man from Newville, West Virginia, who risked his own life to rush into his…

I appreciate your expertise as we all learn more about the growing digital currency issue.

The Cuban government's continued tyranny is personal for me and my family. My mother fled Communist Cuba when she was 20-years-old to come to the United States.

That is pouring jet fuel onto an inflationary trajectory we have in the economy.

It is their policies. It is their policies. It is coming from inside the House.