Jerome Powell: “It is absolutely the case that Congress will need to authorize the…”

On the recordJune 21, 2023

It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.

Said by

Republican · District of Columbia

Source

Chair Powell emphasizes the need for congressional approval for a retail CBDC.

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Jerome Powell: “It is absolutely the case that Congress will need to authorize the Federal Reserve to issue a CBDC.”