House Majority Whip Tom Emmer (R-MN) accused The White House of attempting to introduce an “authoritarian-style” and “surveillance-style” digital dollar through executive orders.
In March 2022, President Joe Biden signed an executive order requiring the Federal Reserve to research, experiment, and evaluate the risks and benefits of a digital dollar.
Emmer introduced the CBDC Anti-Surveillance Act to ban “unelected bureaucrats” in DC from issuing a central bank digital currency in the US. CBDC critics argue that it can compromise financial privacy, allowing the purchases of every American to be profiled and tracked.
Biden is accused of exploring “authoritarian” digital dollar
- by: Christina Maas
- 03/07/2023
- Source:
Reclaim the Net
- 03/07/2023
Joe Biden by U.S. Secretary of Defense is licensed under Flickr CC BY 2.0
Source:
Reclaim the Net
Joe Biden by U.S. Secretary of Defense is licensed under Flickr CC BY 2.0
