Forgotten his roots. Philly in the building im from philly. West philadelphia, born and raised. Born and raised. Ya, ya. Hanging snout. Got it. So what about the movie . Our suicide squad showdown is coming up. All right, we have a major star thats coming in right now. Comedian Marilyn Wayne is in town. Come on in. Look at him, wiping his face. You got the whole make up bag on the side. How are you . Do you need me to help you . Come on over here. Bad stuff right here. Do you want something out of there . Somebody trying to welcome to fill. I whats snapping. Boom, how are you . You going to do that, open it up. It will get real awkward here. I love you, did you hear about that . No . Do you remember the first time you said i love you . I said it to my ma ma. Serious . No, i say it all the time. Im sucker for love you. I love you. I love too. See . I swear dont say it back now. So listen, youre on fox right now. Tell us about it, though, it is named after you. On another network. Yes .
A continuing challenge to overall usage and endorsement. We need to discuss the effectiveness of risk mitigations. Thank you for allowing me to testify and we look forward to continuing to work with you. Thank you, profession sor hughes . Ranking members helen and kirk and honorable members of the subcommittees. I am honored to be here with you today. Monitoring the twopmenteds and taking a responsible approach to their regulation reflects their growing presence in domestic and international transactions. They have worked in areas that are like this for a long time not as a provider, but as a watcher. And i also wish that my late father could be here today, because he served in world war ii as a kriping to ra fer in the United States and was earlyinvolved in the recruiting industry in the United States. I remember being a teenager when he brought home two big briefcases and said its a computer. And it was. One of the things is that were seeing in a relatively short period of time, impo
Current division between thert states and the federal government for portions of the role that each do very well. R and i share those views. Second, i think its incredibly important that we enforce our antimoney laundering, antiterrorism and economic sanctions laws. E as a corollary, i also believe that customers of programs such as bitcoin and other currencies that may develop should get the same federal protections that people get under the privacy act of 1978, et cetera. Fincen has taken important steps for clarifying the application of their authority. K i think we continue to clarifyw particularly so banks and investors dont get cold feet. We have no way of knowing today. What secondstage innovations n that may have completely different roles in our economy. These new technologies may offer us. And we want to be certain you ae dont do anything to take them offline. I would encourage on an interim basis Payment Systems operators assuming that we all agree that this is a Payment Sys
I send examiners out every day to conduct examinations to do transaction testing, money going abroad. So we have the boots on the ground and a local understandint that these companies. Then we pair that with the National Perspective and knowledge of federal agencies who also interact on an international level. By by leveraging these strengths, i think we do a much better job ah detecting and preventing this de illegal activity. I appreciate bothnt those answers. Do you have a sense about the importance of this activity being certained in the United States . Es . What is it what benefits does our economy and environment gain by encouraging or at least not. Discouraging the bitcoin from being centered here . I think what we gain is our continued replation as being ths country where into va tors start new businesses. And something we would want to continue. I think the great challenge for the regulators are to encouragew innovation wherever we can and put smart regulation in place that tr
The U.S. Consumer Financial Protection Bureau has told firms it regulates that federal anti-discrimination law extends liability for banks and other lenders in their use of algorithmic.