On the recordFebruary 21, 2021
Too many Americans don't have access to easy payments systems and banking accounts, and I think this is something that a digital dollar, a central bank digital currency, could help with.
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congress.govToo many Americans don't have access to easy payments systems and banking accounts, and I think this is something that a digital dollar, a central bank digital currency, could help with.
Yellen emphasizes the need for a digital dollar to improve access to banking.
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More from Janet Yellen
I will never forget it. I was involved in it, and we did everything we could to put together a package of measures that would stop what could have become a run on the banking system.
The President has been very clear that no family earning less than $400,000 will face a tax hike.
He will oppose any tax increases on families earning under $400,000 at the same time that he will oppose keeping in place benefits that went to the wealthy.
We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.