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Resistance
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Title: House Passes Anti-Central Bank Digital Currency Bill
Source: [None]
URL Source: https://americanfaith.com/house-pas ... ?email=donstacey02%40gmail.com
Published: May 29, 2024
Author: Mike Rivero
Post Date: 2024-05-29 21:05:23 by Horse
Keywords: None
Views: 517
Comments: 2

The House of Representatives passed a bill prohibiting the government from creating a central bank digital currency (CBDC).

The bill, called the “CBDC Anti-Surveillance State Act,” was introduced in September.

This bill prohibits a Federal Reserve bank from “offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar) directly or indirectly to an individual. Further, The Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from issuing a central bank digital currency.”

Majority Whip Tom Emmer (R-MN), who introduced the bill, said in a press release celebrating the House vote, “For more than two years, we have worked to educate, grow support, and pass this important legislation, which prevents unelected bureaucrats from issuing a financial surveillance tool to fundamentally undermine our American values.”

“My legislation ensures that the United States’ digital currency policy remains in the hands of the American people so that any development of digital money reflects our values of privacy, individual sovereignty, and free market competitiveness. This is what the future global digital economy needs. We are proud to have led this effort and thank my colleagues for their support

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#1. To: Horse (#0)

This must have been a very close party line vote. Senate/Biden will kill it, no doubt.

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2024-05-29   21:12:23 ET  Reply   Trace   Private Reply  


#2. To: Horse (#0) (Edited)

Shit, I can almost see Mitch McCnnell passing out twelve year old sex slaves on Capitol Hill now in exchange for "Nay" votes.

“I am not one of those weak-spirited, sappy Americans who want to be liked by all the people around them. I don’t care if people hate my guts; I assume most of them do. The important question is whether they are in a position to do anything about it. My affections, being concentrated over a few people, are not spread all over Hell in a vile attempt to placate sulky, worthless shits.” - William S Burroughs

Dakmar  posted on  2024-05-29   21:16:08 ET  Reply   Trace   Private Reply  


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