We should not lose sight of these values, and we should not craft a CBDC that enables the Fed to provide retail banking accounts for Americans that, in fact, would convert the Fed into a consumer bank.
Tom Emmer: “We should not lose sight of these values, and we should not craft a CBDC that enables the Fed to provide retail banking…”
Editor's note · Context
Emmer warns against turning the Fed into a consumer bank through CBDC.
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