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Fox Business: GOP Takes on Federal Reserve in Battle Over Digital Dollar

September 15, 2023
Digital Dollar, Buy Gold

Article by Eleanor Terrett in Fox Business

It has been one week since Congress returned from summer recess, and Republican lawmakers are wasting no time in bringing legislation back to the House floor to block a central bank digital currency, FOX Business has learned.

House Majority Whip Tom Emmer, R-Minn., on Tuesday afternoon will reintroduce the Central Bank Digital Currency Anti-Surveillance State Act, a Republican-backed bill that aims to prevent the Federal Reserve and its member banks from issuing a digital version of the dollar and using it to implement monetary policy.

Central bank digital currencies (CBDCs) have become ......

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