GOP Majority Whip Tom Emmer is defending his party's stance on blocking a digital dollar, revealing that the Federal Reserve considers a Central Bank Digital Currency (CBDC) a key duty. Emmer shared a leaked document hinting at the Fed's CBDC plans, contradicting public statements.
FEDERAL RESERVE SECRET DOCUMENT HINTS AT CBDC PLANS - A leaked document shared by GOP Majority Whip Tom Emmer reveals that the Federal Reserve may be considering implementing a Central Bank Digital Currency (CBDC), contrary to public statements. - CBDCs are digital versions of… https://t.co/qoJ7BMRSJz https://t.co/bQ8G2pq9Lo
JUST IN: GOP MAJORITY WHIP TOM EMMER SAYS "THINK AGAIN" IF YOU DON'T THINK THE FED IS STILL PURSUING A CBDC
"If you don't think The Fed is pursuing a CBDC, think again," said @GOPMajorityWhip Tom Emmer, sharing a page from an agency presentation. https://t.co/l0NIPBQuzh
Rep. Tom Emmer says the Federal Reserve has made CBDCs a key duty https://t.co/eM9SB2GuOe
Federal Reserve Declares CBDC a ‘Key Duty’ to Congress ► https://t.co/iuiU5cMlAr https://t.co/iuiU5cMlAr
🧐Central Bank Digital Currency Tracker - @AtlanticCouncil https://t.co/HATTMYYRVj
If you don’t think the Fed is pursuing a CBDC, think again. The Fed gave this to my staff during a presentation earlier this Congress. They view a CBDC as one of their KEY DUTIES. https://t.co/0LcdWBKk58
THE VAULT: @GOPMajorityWhip is defending his party's push to block a digital dollar. @BrendanPedersen breaks it all down: https://t.co/fkGcBpGosr