Topic: House Financial Services Committee
The House Financial Services Committee plays a significant role in shaping financial policy, including discussions around Central Bank Digital Currencies (CBDCs) and the influence of Big Tech on financial regulation. As lawmakers explore these topics, concerns about privacy, surveillance, and the potential for increased government control over digital transactions are paramount. The committee’s actions can impact individual liberties and the future of financial privacy.
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US House Committee publishes draft bill that would call for the exploration of CBDCs
Calls for new briefings.
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Congressman Jim Himes says the US should develop a CBDC
A centrally-controlled currency.
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Facebook and Amazon lobbying reach new heights amidst big tech criticism
Facebook is being criticized for Libra and Amazon wants to with a big government cloud project.
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Maxine Waters will bring Facebook before congress to discuss its Project Libra cryptocurrency
Facebook’s Libra has been hit with criticism from the moment it was announced.