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Potential National Security concerns when using alternative Payment System such as russia and china. This is an hour and a half. The subcommittee will come to order. Without objection, the chair is thoshzed to declare a recess of the subcommittee at any time and members of the full committee not on this subcommittee is authorized to participate. I would like to welcome our witnesses. We will be doing a hybrid hearing and members will be physically present and will be on the screen. So we beg your indulgence for any technical issues, but we anticipate a good dialogue. This is under the radar and the National Security. And i recognize myself for four minutes to give an opening statement. Payment statements are the life blood and banks and businesses can send and receive money without delay and keep the economies connected. The United States occupy a. M. Privileged role. Our dollar is the most widely used in the global trade and crossborder payments and gives u. S. Authority to attach wit

United statesHong kongRepublic ofNorth koreaJonathan levinNational securityNational security concernsPayment systemCommittee subcommitteeRadar nationalBlood banksGlobal tradeInternational paCross borderInternational communityCongress congress