Topic: Federal Reserve
The Federal Reserve’s exploration of Central Bank Digital Currencies (CBDCs) raises significant concerns about financial control and individual privacy. As lawmakers from both parties debate the implications of a digital dollar, the potential for surveillance and loss of anonymity becomes evident. The Fed’s push for digital currency solutions highlights the risks of increased government oversight and the erosion of personal financial freedoms.
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Congressional Hearing Reveals Stablecoins and CBDCs Share the Same Financial Control Risks
Even private sector digital currencies come with built-in surveillance, leaving financial freedom an open question.
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Fed Under Fire for “Debanking” Rules as Powell Promises a Rewrite
Federal Reserve Chairman Jerome Powell pledged to revise Fed manual language on “controversial commentary” after scrutiny from Senator Cynthia Lummis.
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Federal Reserve Declares CBDC a “Key Duty” to Congress, Despite Public Statements Attempting To Downplay Its Focus
“If you don’t think the Fed is pursuing a CBDC, think again.”
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Watch: Democrat Lawmaker Pushes for “Secure Digital ID Biometrically Synced to Your Smartphone”
Several Democrats praised digital ID and CBDCs during a recent hearing.
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Republicans and Democrats Clash on CBDC Plans
In a clash of political parties and ideologies, US lawmakers are gearing up for a major debate over the concept…
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Congressman Tom Emmer Reintroduces Anti-CBDC Bill
Pushing back against CBDCs.
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FedNow Is Here, and The Federal Reserve Says It’s Not a CBDC (But It Would Make One Easier To Implement)
The Fed’s constant protestations that FedNow isn’t a CBDC is suspicious.
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Ron DeSantis Vows to Ban CBDCs if Elected
A ban on centralized control.
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NY Fed Reports “Successful” Months-Long Digital Dollar Test
The privacy issues loom large.
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Rich Dad Poor Dad author Robert Kiyosaki warns of “dystopian” CBDCs
World governments are making plans to introduce CBDCs.
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Biden is accused of exploring “authoritarian” digital dollar
A new bill aims to prevent it.
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The digital dollar will not be anonymous, Federal Reserve chair Jerome Powell says
Erasing the anonymity of physical cash and privacy-focused cryptocurrencies.