Sen. Cruz Introduces Legislation To Prohibit The Fed From Establishing A Central Bank Digital Currency
March 23, 2023
March 23, 2023
WASHINGTON, March 23 -- Sen. Ted Cruz, R-Texas, issued the following news release on March 21, 2023:
U.S. Sen. Ted Cruz (R-Texas), Ranking Member of the Senate Committee on Commerce, Science, and Transportation, today introduced legislation to prohibit the Federal Reserve from developing a direct-to-consumer central bank digital currency which could be used as a financial surveillance tool by the federal government. Sen. Cruz's bill was cosponsored by Sens. Braun (R-Ind.) and G . . .
U.S. Sen. Ted Cruz (R-Texas), Ranking Member of the Senate Committee on Commerce, Science, and Transportation, today introduced legislation to prohibit the Federal Reserve from developing a direct-to-consumer central bank digital currency which could be used as a financial surveillance tool by the federal government. Sen. Cruz's bill was cosponsored by Sens. Braun (R-Ind.) and G . . .