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Testimony of Catherine Austin Fitts on Cash and Programmable Money Bills in Tennessee Legislature

4 months ago 66

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This week, Catherine is testifying in the Tennessee Senate and House on two bills pertaining to cash and programmable money (see testimony below).

  • SB0739 would require businesses, with certain reasonable exemptions, to accept cash.
  • HB2039, based on Solari’s model legislation addressing programmable money, would protect the right of Tennesseans to transact freely without being forced into using programmable digital payment systems.

My name is Catherine Austin Fitts. I am president of Solari Inc and a resident of Hickory Valley, TN in Hardeman County. I am a former managing director of Wall Street investment bank Dillon Read and Assistant Secretary of Housing in the first Bush Administration. I have managed and closed app. $25 billion in transactions and managed portfolios of $300 billion in financial assets and liabilities. My full resume including government, corporate and bank boards and directorships is
available at Solari.com.

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