Republican lawmakers call for permanent CBDC ban as House vote approaches
Republican lawmakers are pushing for a permanent ban on central bank digital currencies (CBDCs) as a House vote approaches. The proposed legislation aims to prevent the Federal Reserve from issuing a CBDC until at least 2030. Critics argue that CBDCs could infringe on privacy and enable government overreach.
- ▪A pair of Republican lawmakers is advocating for a permanent ban on CBDCs to be included in the 21st Century ROAD to Housing Act.
- ▪The amended legislation from the US House is expected to be voted on this week.
- ▪Critics of CBDCs highlight concerns over privacy and potential government corruption.
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Written by Stephen Katte, Staff Writer. Reviewed by Felix Ng, Staff Editor. Written by Stephen Katte, Staff Writer. Reviewed by Felix Ng, Staff Editor. Republican lawmakers call for permanent CBDC ban as House vote approaches Latest NewsPublishedMay 19, 2026Tom Emmer, the House majority whip, is also advocating for his Anti-CBDC Surveillance State Act, which has passed the House but has yet to pass the Senate.A pair of Republican lawmakers is calling for a permanent ban on a US central bank digital currency (CBDC) to be enshrined in the 21st Century ROAD to Housing Act, as the measure is expected to come up for a vote in the US House this week.
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