Subcommittee Hearing

Building A Stronger Financial System: Opportunities of a Central Bank Digital Currency

Economic Policy Date:   Wednesday, June 9, 2021 Time:   02:30 PM Location:   Remote

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Topic

THE COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS SUBCOMMITTEE ON ECONOMIC POLICY will meet REMOTELY to conduct a hearing entitled, “Building A Stronger Financial System: Opportunities of a Central Bank Digital Currency.” The witnesses will be: Dr. Neha Narula, Director, Digital Currency Initiative, MIT; Mr. Lev Menand, Academic Fellow and Lecturer in Law, Columbia Law School; The Honorable J. Christopher Giancarlo, Senior Counsel, Willkie Farr & Gallagher; and Dr. Darrell Duffie, Adams Distinguished Professor of Management and Professor of Finance, Stanford University Graduate School of Business.

Pursuant to guidance from the CDC and OAP, Senate office buildings are not open to the public other than official business visitors and credentialed press at this time. Accordingly, in-person visitors cannot be accommodated at this briefing. We encourage the public to utilize the Committee’s livestream of the hearing, available on the website at http://www.banking.senate.gov.

All hearings are webcast live and will not be available until the hearing starts. Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Member Statements

  1. Elizabeth Warren (D - Massachusetts)
  2. John Kennedy (R - Louisiana)

Witnesses

  1. Dr. Neha Narula
    Director
    Digital Currency Initiative, MIT
  2. Mr. Lev Menand
    Academic Fellow and Lecturer in Law
    Columbia Law School
  3. The Honorable J. Christopher Giancarlo
    Senior Counsel
    Willkie Farr & Gallagher
  4. Dr. Darrell Duffie
    Adams Distinguished Professor of Management and Professor of Finance
    Stanford University Graduate School of Business