"The U.S. financial sector cost 8.2 percent of GDP in 2021."
"There must be a bigger push to prevent debris in the first place and, more importantly, in my opinion, to take out the trash or de-orbit space junk."
"The previous Administration understood the importance of this mission and how the changing nature of the space industry necessitated moving some of this responsibility away from the Department of Defe..."
"The fact is the space around earth is becoming congested and the problem's only going to grow."
"It's just great to be Ranking Member on this subcommittee. The space sector is evolving so quickly."
"One of my major concerns and several of my colleagues' major concerns is that it's taking a lot of time for the Department of Commerce to set up the Open Architecture Data Repository."
"More than just tracking and managing orbital debris, we must look for ways to prevent it in the first place."
"We in the United States have a very different approach to economic privacy. We have a Fourth Amendment."
"If we build a central bank digital currency in the right way, we can strengthen the global role of the U.S. dollar."
"Any U.S. CBDC should have greater privacy, even the same or greater than physical cash today."
"I really appreciate you doing this hearing. It is an important subject, so we can highlight the transit needs for rural America in addition to urban America."