“Three Republican senators are pushing forward legislation that seeks to ban the U.S. Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals as it could be used as a financial surveillance tool.”
No US Federal Bank Should Issue Digital Currency Directly to Citizens: Republican Senators (theepochtimes.com)
Published by markskidmore
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.
View more posts