Rep. McHenry: Committee Republicans Demand Fed Vice Chair Brainard Clarify Testimony Regarding Authority to Issue CBDC
September 09, 2022
September 09, 2022
WASHINGTON, Sept. 9 -- Rep. Patrick McHenry, R-North Carolina, ranking Republican member of the House Financial Services Committee, issued the following news release and letter:
Following a May hearing examining the potential impact of a Central Bank Digital Currency (CBDC), all Republican members of the House Financial Services Committee--led by Republican Leader Patrick McHenry (NC-10)--sent a letter to Federal Reserve Board (Fed) Vice Chair Lael Brainard. Committee Republicans ar . . .
Following a May hearing examining the potential impact of a Central Bank Digital Currency (CBDC), all Republican members of the House Financial Services Committee--led by Republican Leader Patrick McHenry (NC-10)--sent a letter to Federal Reserve Board (Fed) Vice Chair Lael Brainard. Committee Republicans ar . . .