Fed Chair Confirms US Won’t Launch Digital Dollar Under His Watch

Fed Chair Jerome Powell has confirmed that the Federal Reserve will not pursue a central bank digital currency, backing legislative efforts and an executive order blocking its creation. Powell Shuts Down CBDC Fears With One Word Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Feb. 11, where he responded to concerns […]
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2025-02-12 01:30:41
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Fed Chair Confirms US Won’t Launch Digital Dollar Under His Watch