Bill Introduced to Ban Fed from Issuing CBDC

“House Majority Whip Tom Emmer (R-MN) on Wednesday introduced legislation to prevent the Federal Reserve from issuing a central bank digital currency (CBDC), which he and others say could surveil Americans’ financial activity.”

https://www.breitbart.com/politics/2023/02/22/tom-emmer-unveils-bill-to-ban-fed-from-issuing-government-controlled-digital-currency/

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.

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