ICYMI: House Republicans seek central bank digital currency opinion from Department of Justice
Top House Financial Services Committee Republican led a letter to Attorney General Merrick Garland, requesting the Justice Department’s assessment of whether legislation is needed for the U.S. to issue a central bank digital currency.
Republicans on the House Financial Services Committee requested the Department of Justice share its assessment of a potential central bank digital currency, the lawmakersSenior Republicans on the committee, Ranking Member Patrick McHenry, R-N.C., Rep. French Hill, R-Ark., and other senior members of the committee, sent a letter to Attorney General Merrick Garland asking for his view on whether legislation is necessary for a CBDC.
“We appreciate the efforts to examine the impact a U.S. Central Bank Digital Currency will have on the Federal Reserve and its monetary policy tools; potential risks to our existing payments system; private sector competition and innovation; and the impact on American’s privacy, civil liberties, and security,” the letter reads. “However, the appropriate place for the discussion on whether authorizing legislation is necessary is in the legislative branch.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
House Republicans sound alarm over Chinese investment in U.S. farmlandHouse Republicans are calling for a federal investigation into foreign investment in U.S. farmland as concern grows over Chinese acquisitions that lawmakers say pose a threat to national security.
Leer más »
US government sent more than $28M to Chinese entities for research, Stefanik-requested GAO study findsA study requested by top House Republicans found that the U.S. government sent more than $28 million to Chinese entities for research and other development between 2015 and 2021.
Leer más »
'Republican control of the House is not a foregone conclusion,' says political analystRepublicans are favored to win the House majority, but a scenario where Democrats retain control is not as far-fetched as you may think, according to New York Times chief political analyst Nate Cohn.
Leer más »