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Rep. McHenry: Committee Republicans to Fed Chair Powell - Do Potential Benefits of CBDC Outweigh Risks?
May 20, 2022
WASHINGTON, May 20 -- Rep. Patrick McHenry, R-North Carolina, ranking Republican member of the House Financial Services Committee, issued the following news release and letter on May 19, 2022:

Ahead of next week's hearing to examine a U.S. Central Bank Digital Currency (CBDC), Ranking Member Patrick McHenry (NC-10) led all Committee Republicans in a letter to Federal Reserve (Fed) Chair Jerome Powell regarding the Fed's recent CBDC white paper. In the letter, Committee Rep . . .

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