Is The Future Fed Setting Up For Another Shot At A CBDC?
President Trump reportedly issued an Executive Order to ban CBDCs upon taking office for his second term.
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tl;dr
Senator Cynthia Lummis met with Fed chair nominee Kevin Warsh to discuss central bank modernization, sparking debate over whether the administration will pursue a wholesale Central Bank Digital Currency (CBDC) despite broader political opposition to retail versions.
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CMCynthia M. LummisR-Wyoming
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