“If you don’t think the Fed is pursuing a CBDC, think again,” said U.S. Representative Tom Emmer.
A United States central bank digital currency (CBDC) is apparently still a top priority for the Federal Reserve, according to U.S. Representative and CBDC opponent Tom Emmer.
“If you don’t think the Fed is pursuing a CBDC, think again,” wrote Emmer in a March 14 post on X, sharing a document that was reportedly given to his staff during a Federal Reserve presentation to Congress.
Only a week earlier during a March 7 hearing before the Senate Committee on Banking, Housing and Urban Affairs, Federal Reserve Chair Jerome Powell stressed the U.S. is “nowhere near” recommending or adopting a CBDC “in any form.”
