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12/02/2025 - Task Force Ranking Member Vargas' Opening Hearing Remarks

House Financial Services Committee · December 2, 2025

Unidentified speaker opened a House Financial Services Committee hearing, urging review of primary dealers, the SEC's December 2023 central clearing rule, and the supplementary leverage ratio to bolster the nearly $30 trillion U.S. Treasury market amid concerns about volatility, liquidity and rising federal debt.

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