3/12/2024 Senate Committee on Banking and Financial Institutions

Banking and Financial Institutions · March 12, 2024

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38:37

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30:00

38:37

Opening and guest introductions

Presentation

0:00 → 1:15(1m 15s)

Chair opens the meeting, welcomes a new administrative staffer Elizabeth Bennett (introduced by name), and announces a minor rearrangement of the agenda before moving to business.

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A state legislative committee heard three bills: House Bill 1053 prohibiting participation in or acceptance of a Federal Reserve central bank digital currency (CBDC); a mortgage "trigger" consumer-protection bill; and House Bill 1018 restricting the use of a merchant category code that would label firearm retailers. Each bill drew testimony from industry groups and passed the committee unanimously.

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Transcript

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