CFTC Chairman to Examine National Security Risks from Geographical Concentration of Depositories for Precious Metals
Rep. Mark Harris questioned the CFTC on the national security risks of concentrating precious metals storage in the New York City area.
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tl;dr
CFTC Chairman Michael Selig pledged to work with House lawmakers on the SILVER Act (H.R. 8007), which aims to reduce national security risks by diversifying the geographic concentration of precious metals depositories beyond the New York City area.
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MHMark HarrisR-North Carolina-8
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