Rep. McHenry: Congress Should Not Rush to Issue CBDC. Nor Should Fed.
May 27, 2022
May 27, 2022
WASHINGTON, May 27 -- Rep. Patrick McHenry, R-North Carolina, ranking Republican member of the House Financial Services Committee, issued the following news release:
The House Financial Services Committee is holding a hearing with Federal Reserve (Fed) Vice Chair Lael Brainard to discuss a potential U.S. Central Bank Digital Currency (CBDC). Prior to today's hearing, all Committee Republicans sent a letter to Fed Chair Jerome Powell reiterating their principles to guide the dis . . .
The House Financial Services Committee is holding a hearing with Federal Reserve (Fed) Vice Chair Lael Brainard to discuss a potential U.S. Central Bank Digital Currency (CBDC). Prior to today's hearing, all Committee Republicans sent a letter to Fed Chair Jerome Powell reiterating their principles to guide the dis . . .