Video & Transcript Research : 'border control'
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ND
North Dakota 2026 1st Special Session
Joint Policy Jan 21st, 2026 at 10:30 am
Transcript Highlights:
- rural health clinics, I know that this funding is designated to us as a state, and obviously we have bordering
- So especially on our eastern border, our southern border, and our western border, it's not just providing
- And so I think that's another conversation that we need to have with CMS with bordering communities.
- Local communities did not have any control over that.
Summary:
The Joint Policy Committee met to hear an overview of North Dakota’s Rural Health Transformation Program before taking up the related policy bills. Department of Health and Human Services staff explained that the state received a $198.9 million CMS award, with funding focused on four pillars: strengthening rural workforce, bringing care closer to home, connecting technology and data, and improving population health through prevention. They emphasized that the program is intended to benefit rural and frontier residents statewide, including areas near urban centers when the project serves rural patients, and that CMS approval, provider readiness, and sustainability will drive what can be funded.
Committee members asked about how the program would treat border communities, frontier counties, urban providers serving rural patients, multilingual outreach, tribal consultation, and whether there would be information sessions for applicants. HHS said the website will include sign-up and translation features, more listening sessions and training will be offered, and a rural health tribal liaison will work alongside the existing Medicaid tribal liaison. Members also raised concerns about reimbursement timing, cash flow for providers, and whether projects in urban areas could qualify; HHS responded that urban projects may be eligible if they clearly benefit rural residents.
The department then outlined the four policy bills tied to the grant scoring: nutrition continuing medical education for physicians, the presidential fitness test, the physician assistant compact, and pharmacist scope of practice. HHS said these policy actions were incentivized in the federal funding opportunity and that failure to pass them could reduce future funding. The committee did not take final action on the bills in this portion of the transcript and recessed for lunch before moving on.
HI
Hawaii 2026 Regular Session
House Chamber - Thu Apr 2, 2026, 12:00PM HST - Day 38
Hawaii House Floor Meeting
Bills:
HR210, HR142, HCR150, HR132, HCR140, HR133, HCR141, HR182, HCR192, HR96, HCR104, HR57, HCR63, HR56, HCR62, HR39, HCR43, HR48, HCR52, HR119, HCR127, HR111, HCR119, HR88, HCR96, HR120, HCR128, HR117, HCR125, HR51, HCR55, HR54, HCR58, HR149, HCR159, HR64, HCR70, HR42, HCR46, HR84, HCR92, HR92, HCR100, HCR172, HR172, HCR182, HR75, HCR83, HR116, HCR124, HR36, HCR38, HR73, HCR79, HR125, HCR133, HR136, HCR144, HCR60, HCR20, HR32, HCR32, HR115, HCR123, HR108, HCR116, HR7, HCR8, HR47, HCR51, HR178, HCR188, HCR48, HCR49, HR15, HCR13, HR107, HCR115, HR168, HCR178, HR62, HCR68, HR83, HCR91, HR147, HCR155, HR164, HCR174, HR169, HCR179, HR175, HCR185, HR106, HCR114, HR183, HCR193, HR85, HCR93, HR137, HCR145
Keywords:
Earl Kawaʻa, Earl Kawaa, H.R. 210, House Resolution, Hawaii Legislature, Hawaiian language, language revitalization, mānaleo, native Hawaiian speaker, Hawaiian culture, cultural preservation, Hoʻoponopono, Kamehameha Schools, Molokaʻi, Oʻahu, community mentorship, traditional practices, āina-based education, kaiapuni, Peace Corps
HI
Hawaii 2026 Regular Session
AGR-AEN-EEP-WLA Joint Info Briefing - Wed Apr 1, 2026 @ 9:30 AM HST
Hawaii House Floor Meeting
Bills:
HR210, HR142, HCR150, HR132, HCR140, HR133, HCR141, HR182, HCR192, HR96, HCR104, HR57, HCR63, HR56, HCR62, HR39, HCR43, HR48, HCR52, HR119, HCR127, HR111, HCR119, HR88, HCR96, HR120, HCR128, HR117, HCR125, HR51, HCR55, HR54, HCR58, HR149, HCR159, HR64, HCR70, HR42, HCR46, HR84, HCR92, HR92, HCR100, HCR172, HR172, HCR182, HR75, HCR83, HR116, HCR124, HR36, HCR38, HR73, HCR79, HR125, HCR133, HR136, HCR144, HCR60, HCR20, HR32, HCR32, HR115, HCR123, HR108, HCR116, HR7, HCR8, HR47, HCR51, HR178, HCR188, HCR48, HCR49, HR15, HCR13, HR107, HCR115, HR168, HCR178, HR62, HCR68, HR83, HCR91, HR147, HCR155, HR164, HCR174, HR169, HCR179, HR175, HCR185, HR106, HCR114, HR183, HCR193, HR85, HCR93, HR137, HCR145
Keywords:
Earl Kawaʻa, Earl Kawaa, H.R. 210, House Resolution, Hawaii Legislature, Hawaiian language, language revitalization, mānaleo, native Hawaiian speaker, Hawaiian culture, cultural preservation, Hoʻoponopono, Kamehameha Schools, Molokaʻi, Oʻahu, community mentorship, traditional practices, āina-based education, kaiapuni, Peace Corps
HI
Hawaii 2026 Regular Session
House Chamber - Wed Apr 1, 2026, 12:00PM HST - Day 37
Hawaii House Floor Meeting
Bills:
HR210, HR142, HCR150, HR132, HCR140, HR133, HCR141, HR182, HCR192, HR96, HCR104, HR57, HCR63, HR56, HCR62, HR39, HCR43, HR48, HCR52, HR119, HCR127, HR111, HCR119, HR88, HCR96, HR120, HCR128, HR117, HCR125, HR51, HCR55, HR54, HCR58, HR149, HCR159, HR64, HCR70, HR42, HCR46, HR84, HCR92, HR92, HCR100, HCR172, HR172, HCR182, HR75, HCR83, HR116, HCR124, HR36, HCR38, HR73, HCR79, HR125, HCR133, HR136, HCR144, HCR60, HCR20, HR32, HCR32, HR115, HCR123, HR108, HCR116, HR7, HCR8, HR47, HCR51, HR178, HCR188, HCR48, HCR49, HR15, HCR13, HR107, HCR115, HR168, HCR178, HR62, HCR68, HR83, HCR91, HR147, HCR155, HR164, HCR174, HR169, HCR179, HR175, HCR185, HR106, HCR114, HR183, HCR193, HR85, HCR93, HR137, HCR145
Keywords:
Earl Kawaʻa, Earl Kawaa, H.R. 210, House Resolution, Hawaii Legislature, Hawaiian language, language revitalization, mānaleo, native Hawaiian speaker, Hawaiian culture, cultural preservation, Hoʻoponopono, Kamehameha Schools, Molokaʻi, Oʻahu, community mentorship, traditional practices, āina-based education, kaiapuni, Peace Corps
MN
Minnesota 2025 1st Special Session
Committee on Health and Human Services - 04/08/25
Health and Human Services
Transcript Highlights:
- shared commitment to improving outcomes and ensuring sustainability while maintaining that local control
- , and equipment does in fact control the provision of health care.
- <00:31:09.679>
the equipment does in fact control the equipment does in fact control the provision - Control of drug pricing by practice.
- healthcare practices, they don't control healthcare practices, they don't control or<00:36:13.040
MN
Minnesota 2025-2026 Regular Session
House Environment and Natural Resources Finance and Policy Committee 3/24/26
Environment and Natural Resources Finance and Policy
Transcript Highlights:
- <00:20:20.720>
And counties south to the Iowa border. - And counties south to the Iowa border.
- and Pine Chasago County borders and Pine Chasago County borders um<00:21:11.440>
is <00:21 - Uh first of Pollution Control Agency.
- I also want to express strong control.
Keywords:
boat storage structures, public waters, natural resources, rule amendments, watercraft canopy, PFAS, environmental regulation, manufacturers, public health, product safety, groundwater, water appropriation, water-use permit, water permit, aquifer test, aquifer, well construction, groundwater permit, Department of Natural Resources, DNR
AZ
Transcript Highlights:
- Members, today I would like to welcome Sister Tracy Horan from the Kino Border Initiative.
- I'd like to welcome Sister Tracy Horan from the Kino Border Initiative. Is she there?
- The Kino Border Initiative is one of these incredible organizations in Southern Arizona that helps provide
- already required in health care for maternal mortality, surgical complications, infectious diseases, controlled
Summary:
The House convened with prayer and the Pledge of Allegiance, approved the prior journal, and recognized the Doctor of the Day, Dr. Sarah Lee Davison of Tucson. Members also introduced numerous guests and advocacy groups, including Aliento students for Education Day, gun violence prevention advocates, agricultural producers, military veterans, and representatives from the Kino Border Initiative and Nucor Steel. A proclamation honoring the life of Peter Andrew “Andy” Grosetta was read, recognizing his long service to Arizona ranching and the cattle industry.
The chamber then moved into Committee of the Whole and considered two bills. HB 2074, dealing with reporting related to partial-birth abortion, received an adopted Judiciary Committee amendment that changed the penalty to a class six felony and then was recommended do pass as amended. The bill drew sharp debate: supporters said it strengthens reporting and accountability for an already illegal procedure, while opponents argued it would criminalize health care workers and reflect punitive views toward women seeking abortion care. HB 2148, described as a transparency bill, also received an Appropriations Committee amendment and was recommended do pass as amended without significant debate.
The Committee of the Whole report was adopted, and HB 2074 and HB 2148 were referred to engrossing. The House also announced several committee meetings for later that day and the next morning, including Appropriations, Federalism and Military Affairs, Science and Technology, Transportation and Infrastructure, Artificial Intelligence and Innovation, and Rural Economic Development, before adjourning until Thursday, January 29, 2026.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Veterans and Federal Affairs Jun 21st, 2026 at 01:00 pm
Joint Committee on Veterans and Federal Affairs
Transcript Highlights:
- They see we the people not as citizens, but as subjects to be controlled.
- They see we the people not as citizens, but as subjects to be controlled.
- There would be completely controlled by them.
- Claim control over their life and their future.
- Whereas for members of Congress, Congress controls its own membership.
Summary:
The hearing of the Joint Committee on Veterans and Federal Affairs was opened by Chair Joe McGonagle and Vice Chair Senator Mike Rush, who noted that Chair John Velis was deployed with the Massachusetts National Guard. The chairs explained the hybrid format, three-minute testimony limit, live streaming, and filing deadlines, and said the committee would hear 11 House bills and eight Senate bills dealing with federal and overseas issues. Much of the hearing centered on competing resolutions about Article 5 constitutional conventions, along with related resolutions on D.C. statehood, child labor, Citizens United, and Cambodia.
Supporters of H. 4692 and S. 284, a joint resolution to rescind all prior Massachusetts Article 5 convention applications, argued that old resolutions from the 1930s and 1970s could be used to count Massachusetts toward the 34-state threshold for calling a federal constitutional convention. Testifiers from Common Cause, the League of Women Voters, the ACLU, Reproductive Equity Now, labor groups, and others warned that a convention would have no clear rules, could not be reliably limited to specific topics, and could put civil rights, reproductive rights, labor protections, and other constitutional protections at risk. Several speakers also cited a recent federal lawsuit and said the safest course was to remove outdated applications from the books.
A large opposing panel testified in support of H. 3888, a resolution calling for a Convention of States to propose amendments limiting federal power, imposing fiscal restraints, and establishing term limits. Supporters argued that Article 5 provides a lawful way to address federal overreach, debt, and congressional stagnation, and said the process would be limited by state applications and ratification by 38 states. Some committee members and witnesses raised concerns about a runaway convention, broad language in the resolution, and whether Congress could or should set rules for such a convention. Representative Gentile also testified in support of several related resolutions on overturning Citizens United, D.C. statehood, and the child labor amendment, while Representative Howard and Representative Tongue supported a Cambodia resolution condemning political oppression and urging free and fair elections. No votes or final actions were taken during the hearing.
CA
California 2025-2026 Regular Session
Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy, and Transportation Mar 5th, 2025
Transcript Highlights:
- We'll also hear from the Department of Water Resources and the State Water Resources Control Board.
- It is a form of a blessing to have a state-controlled asset that's ten billion dollars...
- They don't look beyond their jurisdictional borders, but obviously, the ocean doesn't care.
- My name is Joaquin Esquivel, Chair of the State Water Resources Control Board.
- Joaquin Esquivel, again, Chair of the State Water Resources Control Board.
FL
Transcript Highlights:
- Why is it so difficult to control?
- When you are trying to control a flea on a dog, you are trying to control an arthropod on a mammal using
- When you are controlling a mite on a bee, you are trying to control an arthropod on an arthropod with
- It's the holy grail of trying to control.
- So trying to control this in Europe has been very tricky.
Summary:
The Committee on Agriculture heard two informational presentations before taking up legislation. Tracy Dean of Conservation Florida described the organization’s work protecting wild and working lands, especially ranch and timber lands within the Florida Wildlife Corridor, and argued that agricultural conservation easements are essential to preserving habitat, water resources, family farms, and the corridor itself. Senators discussed how conservation easements can help family operations remain viable across generations, and Dean emphasized strong demand for the Rural and Family Lands Protection Program and Florida Forever funding. Dr. Jamie Ellis of the University of Florida then gave a detailed presentation on honeybees, their role in pollination and Florida agriculture, and major threats such as Varroa mites, queen quality, nutrition issues, hurricanes, and the yellow-legged hornet; senators asked about colony losses, pollination alternatives, and the economic importance of beekeeping in Florida.
The committee then considered SB 210 on animal cremation, sponsored by Senator Harrell. The bill was described as a response to a case involving mishandled pet cremation and would require crematories to provide clear disclosures about services, prohibit false or misleading information, and authorize civil penalties enforced by the Department of Agriculture and Consumer Services. The bill was reported favorably after a roll call vote. Next, the committee took up SJR 318, a joint resolution by Chair Truenow creating a proposed ad valorem tax exemption for tangible personal property used in agricultural production or agritourism on agricultural land and owned by the landowner or leaseholder. Several industry and agency representatives appeared in support, and the resolution was also reported favorably by unanimous vote.
The meeting concluded with no further business and adjournment motioned by Senator Rouson.
US
US Federal 2025-2026 Regular Session
US House Floor Proceedings (Thursday, May 8, 2025)
US Federal House Floor Meeting
Transcript Highlights:
- Oh, but no, the Democrats can't do it because we had four years of Democrat control where our borders
- I want to remind people of how border.
- And I remind people of that border.
- controls, a world-class flow controls, a world-class manufacturing<02:13:43.520>
of <02:13:44.320 - :55.360>
used <02:13:55.520>in flow control solutions are used in flow control solutions
KY
Kentucky 2025 Regular Session
Interim Joint Committee on Judiciary (11-6-25)
Transcript Highlights:
- , and access controls that have reached<00:23:42.400>
the <00:23:42.640>end <00:23:42.799 - We see that more with border counties, Kenton County, Christian County, Daviess County, some of those
- places on the border will have people that are just not Kentucky residents, so they're disqualified.
- Uh you know, we see that<01:36:36.159>
more <01:36:36.719>with <01:36:37.120>border< - <01:36:41.520>
will some of those places on the border will some of those places on the border
Keywords:
Meeting Start: 00:00:00
Roll Call: 00:00:09
State of the Judiciary: 00:02:33
The Corrections - KCTCS Reentry Program: 00:49:44
Update on 2022 RS SB 90: 01:27:49, 958, all
Summary:
The Interim Joint Committee on the Judiciary met on November 6, 2025, approved the minutes, and welcomed guests including Kentucky Specialty Courts manager Elizabeth Nichols and Boyle/Mercer Family Court Judge Bruce Petri. The committee then heard the Chief Justice of Kentucky, Deborah Lambert, deliver her state of the judiciary address, focused largely on judicial branch funding, facilities, technology, and specialty court programs.
Chief Justice Lambert said the branch is facing a projected $14.3 million shortfall for fiscal year 2026 and asked lawmakers for supplemental support, access to reserve funds, and higher base appropriations to cover inflation and nondiscretionary costs. She also requested a 15% across-the-board pay increase for judicial branch employees, citing salary gaps with other state workers and declining judicial compensation relative to national averages. She emphasized that the branch has received a clean FY 2025 audit and said the requests were intended to sustain current operations rather than expand them.
A major portion of her remarks covered court technology and facilities. She described the move to Chamberlain during Capitol renovations, the purchase of that building as a cost-saving measure, and the need to fund courtroom audio/video systems and a new statewide case management system. She also discussed courthouse maintenance, flood damage, mold issues, security system upgrades, and the $47 million asset preservation fund created last session, while asking for additional local facilities funding and one-time disaster-related support. Lambert highlighted specialty court and statewide program results, including foster care review boards, family recovery courts, court designated worker programs, drug and mental health courts, and the Judicial Commission on Mental Health. She thanked legislators for prior bills and support, including House Bill 1, Senate Bill 26, and the CES law, and said 2026 recommendations will focus on civil commitment reforms under KRS 202C.
During questions, Senator Wheeler asked whether some courthouses are being overbuilt; Lambert said most facilities are inadequate, though some may be larger than needed, and that future needs and population changes must be considered. She also noted that virtual hearings and technology have improved efficiency. No votes or formal committee actions were taken beyond approving the minutes and receiving the presentation.
NH
Transcript Highlights:
- <00:28:03.039>
occupancy of ownership controlling occupancy of ownership controlling occupancy - I also want to address the issue of cross-border employment competition in border communities.
- I also want to address the issue of cross-border employment competition in border communities.
- I also want to address the issue of cross-border employment competition in border communities.
- employment competition in Border employment competition in Border communities<00:42:21.640>
this
NH
Transcript Highlights:
- Uh and at the non-direct control rooms.
- Correctional facilities create infection control issues.
- This includes finance, HR, auditing, inventory control, and legal.
- This includes finance, HR, auditing, inventory control, and legal.
- This includes finance, HR, auditing, inventory control, and legal.
FL
Florida 2025 Regular Session
Senate in Special Session A Jan 27th, 2025
Florida Senate Floor Meeting
Transcript Highlights:
- Whereas, the federal government's open border policies under Joe Biden have caused an unprecedented..
- President Trump clearly has the situation under control and is leading from the Oval Office.
- legislation to rigorously implement the letter and spirit of President Trump's plan to secure the border
KY
Kentucky 2026 Regular Session
House Budget Review Subcommittee on Justice, Public Safety, & Judiciary (2-3-26)
Transcript Highlights:
- You have to enter controlled checkpoints. They're tobacco-free facilities.
- You have to enter<00:10:37.760>
controlled <00:10:38.160>checkpoints. - <00:10:39.360>
Uh <00:10:39.600>they're enter controlled checkpoints. - Uh they're enter controlled checkpoints.
- Right now we're transporting female offenders from McCracken County, which is on the border of Missouri
Keywords:
00:05 Call to Order and Roll Call
01:42 Department of Corrections
04:14 Department of Juvenile Justice
16:22 Kentucky Law Enforcement Council
28:01 Adjournment, 958, all
Summary:
The committee heard budget-related testimony from the Department of Corrections on a request for additional funding to take over operations of the Lee Adjustment Center, including $2.2 million in fiscal year 2027 and $5.2 million in fiscal year 2028. The witness said the governor’s budget did not recommend the request. Members asked about the cost savings of private operation versus state operation, the facility’s role in the department’s long-term goals, and whether the state intends to move toward operating all adult correctional facilities directly.
The Department of Juvenile Justice then presented on staffing, recruitment, retention, and facility planning. Officials described recent pay increases and other investments, including a 10% security pay raise in 2021, an 8% state employee raise in 2022, higher youth worker starting salaries, and $4.8 million in 2023 funding to sustain salary increases. They said DJJ has also expanded mental health and medical staffing, improved recruitment efforts, and seen an upward trend in hiring. In response to questions, the commissioner said barriers to recruitment and retention include the Tier 3 retirement system, the structured and restrictive nature of detention work, and competition from other employers. He also said the department wants to move toward a regional model for female facilities under SB 162 and believes those facilities can be staffed.
DJJ provided staffing figures showing 1,339 funded positions, with 157 filled and 182 vacant at a January benchmark, and 524 detention positions with 450 filled and 74 vacant. Officials said 30 correctional officers were in basic training and expected to join posts soon. Members also asked about the feasibility of staffing additional facilities and the department’s vacancy trends.
Finally, the Kentucky Law Enforcement Council testified on a funding request for one attorney, one paralegal, one additional monitor, higher costs for existing monitor positions, and Lexington office rent. Officials said the request is needed to handle a growing decertification caseload and expanded oversight responsibilities as the number of academies has increased to about eight, with more than 2,100 instructors requiring biennial review. They said KLEC currently has one attorney and about 15 total staff, with roughly 180 cases pending, more than 50 complaints left to file, and another 30 cases expected soon. Members asked about current staffing, attorney salary, the number of academies, and the move to a separate Lexington office. No votes were taken, and the meeting adjourned without a quorum for approving minutes.
TX
Texas 89th Regular
Senate Committee on Water, Agriculture, and Rural Affairs May 23rd, 2025
Water, Agriculture and Rural Affairs
Transcript Highlights:
- water desalination to a county with a population greater than 250,000, located on an international border
- That's the case in Webb County and other counties along the border that are relying on the Rio Grande
- And you know, the future of agriculture is controlled environment. Agriculture uses 80% less water.
- But when it comes to trade in produce, it does very well for our border communities. Yes.
- We believe in local control.
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Environment and Natural Resources Jun 21st, 2026 at 01:00 pm
Joint Committee on Environment and Natural Resources
Transcript Highlights:
- This is not the end of rodent control.
- This is not the end of rodent control.
- Within a month, we had the problem under control.
- Rat birth control, ladies and gentlemen.
- Nature has provided natural pest control.
Summary:
The Joint Committee on Environment and Natural Resources held a hybrid hearing on a large slate of bills focused on pesticides, pollinators, rodenticides, mosquito control, invasive species, and local authority over pesticide regulation. Chair Becca Rausch set strict two-minute testimony limits due to the very large number of speakers. Early testimony from Senator Moore and Representative Hawkins strongly supported a bill to restrict second-generation anticoagulant rodenticides, citing harms to wildlife, pets, and public health, and noting that California has already adopted a similar model. Testimony also supported a Lowell home rule petition to allow the city to prohibit or restrict these rodenticides, with local officials describing documented raptor poisonings and municipal efforts to phase out use on city property.
A major portion of the hearing focused on pollinator protection and neonicotinoid-treated seeds. Witnesses from environmental groups, conservation organizations, academics, and beekeepers argued that neonics harm bees and other beneficial insects, contaminate soil and water, and provide little or no economic benefit in most corn and soybean fields. Several speakers pointed to New York, Vermont, and Quebec as models for restricting treated seeds, and one panel cited research showing only a small percentage of fields benefit economically from the treatments. Support was also voiced for a bill establishing an ecologically based mosquito management program, with advocates criticizing aerial and truck spraying and urging non-chemical, locally tailored approaches.
Other testimony supported bills to reform the pesticide board and pesticide regulation process, to give vulnerable municipalities more local control over pesticide use, to protect schoolchildren from pesticides on school grounds, and to respond to invasive species through a centralized state office, coordinator, strategic plan, and trust fund. Many speakers, including representatives from Mass Audubon, MSPCA, the Xerces Society, the Sierra Club, watershed groups, and local wildlife rehabilitators, described impacts on hawks, owls, pets, fish, and broader ecosystems. No votes were taken during the hearing, and committee members generally asked few questions, with the hearing remaining in testimony mode throughout.
MO
Transcript Highlights:
- On a separate note, have you looked to the bordering states and see where we relate to there in this
- Yeah, being on the western border, that's kind of where I was just to be in their laws. They do.
- Yeah, being on the Western border, that's kind of where I was just to be competitive.
- on a border county.
- You know, they're built on the border of the county or wherever they're built because of different laws
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (12/10/2025)
Transcript Highlights:
- 01:02:35.680>
can <01:02:35.839>also internal controls but you can also internal controls - I give you control for presenting.
- global network that sees no no borders. global network that sees no no borders.
- These are elective controls.
- controls of all these different assets. controls of all these different assets.
Summary:
The commission met with a quorum, approved the agenda, and approved the November 12 minutes after a motion, second, and unanimous voice/online consent. The chair said the meeting would include two presentations—one from Noah Herman of Fortress Global and one from John Kicko and team from Hedera—followed by discussion of the commission’s next steps and public comment. The chair also noted he was still seeking a clerk for note-taking.
Herman’s presentation focused on stablecoins, blockchain use cases, and operational considerations for states and other institutions. He described Fortress as an enterprise crypto-wallet and treasury platform serving corporates, governments, and nonprofits, and used examples such as Save the Children and a large global commodities firm to illustrate custody and treasury management on blockchain rails. He said stablecoins are designed to maintain a U.S. dollar peg, are increasingly backed by treasuries and subject to greater transparency, and are being adopted by major firms and payment companies because they can improve speed, reduce cost, and simplify payments. He also highlighted market growth, including claims that stablecoins now represent a significant share of on-chain activity and are a major holder of U.S. Treasuries.
He identified custody as a key issue for state and institutional use, outlining qualified custody, managed custody, and self-custody models. He said the main practical challenge for the commodities client was moving funds safely and quickly across global time zones and that blockchain rails could solve problems that traditional banking rails could not. He framed the broader trend as one of accelerating institutional adoption, citing recent acquisitions and product launches by Visa, Stripe, Citi, and PayPal as evidence that stablecoin infrastructure is becoming mainstream.