Congress grapples with evolution from paper to mobile money

 "We are, I think, on a precipice of some fundamental change in the way money is exchanged between consumers and businesses," Rep. Shelley Moore Capito (R-W.Va.) said as she opened the first of a string of hearings in March. more

Do we not already have wire transfers, banking online, credit cards, toll-road transponders, PayPal, and myriad other ways to exchange currency? Why must befuddled government functionaries "begin hearings" and waste even more of the precious commodity? Stop grappling, and go find some waste to cut.