Rep. Ralph Norman
@RepRalphNorman
On the awful idea for Central Bank Digital Currency:
We have enough problems with abusive government surveillance. The Fed should NOT have means to monitor individual account holders or their transactions.
I'm proud to co-sponsor Rep. Emmer's CBDC Anti-Surveillance State Act.
Tom Emmer
@GOPMajorityWhip
The bill does three things:
1. Prohibits the Fed from issuing a CBDC directly to anyone.
2. Bars the Fed from using a CBDC to implement monetary policy and control the economy.
3. Requires the Fed's CBDC projects to be transparent to Congress and the American people
2023-02-22T14:12:47.000Z
2023-02-22T16:06:00.000Z