US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC – What's Going On?

US Republican House Majority Whip Tom Emmer has introduced a bill on Wednesday to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) or using it to control monetary policy. "Today, I introduced the CBDC Anti-Surveillance State Act to halt efforts of unelected bureaucrats in Washington, DC from stripping Americans of their right to financial privacy," Emmer wrote in a tweet on February 22, listing three points the legislation focuses on.... Read More: US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC – What's Going On?