While discussing the Bank Secrecy Act, Representative Patman said the quiet part out loud.
He congratulated the Treasury for going "rather far" and "making a long step here" to establish capital controls. The Treasury quickly shot back saying not to call it that. 
Is this recent?
Good question. I should have noted that. This is the transcript from the congressional hearing in 1970. I’ve been going back through it for a new project I’m working on
The text format looked old, so that was my guess. Surprised Bitcoiners haven't been shared this more...
To be fair, it's not an enjoyable read, and it's a long one at that. I'll keep posting the more telling gems as I go, though. For instance, here's a fun fact for you: Not a single witness raised concerns about privacy and surveillance until after two years of congressional hearings. That witness was from the American Bankers Association and his testimony marked the first time Congress brought in bankers to hear their views on the Bank Secrecy Act. Every witness from the previous 2 years was a government official.
Imagine that! 😂
