Anonymous ID: cb107f Feb. 14, 2025, 6:06 a.m. No.22581370   🗄️.is 🔗kun

Fed Chair Powell says no CBDC

 

"….Senator Bernie Moreno (R-Ohio) did manage to get a categoric statement out of the central bank head when he asked about Powell’s position on a U.S. dollar CBDC. “Can I have your commitment that as long as you're the chairman of the Federal Reserve System, that we will never have a central bank digital currency?” he asked.

 

“Yes,” Powell replied.

 

The Fed chair will appear before the House Financial Services Committee on Wednesday."

 

https://www.kitco.com/news/article/2025-02-11/feds-powell-faces-senate-challenges-treasury-debt-elimination-tariffs