Trump Says NO to CBDC - Grift Report

Trump Says NO to CBDC - Grift Report

Former President Trump pledged to prevent the creation of a central bank digital currency (CBDC), labeling it a "dangerous threat to freedom" that could lead to government control over personal finances.

While President Biden has expressed interest in exploring a CBDC, Fed Chair Jerome Powell stated no firm decisions have been made and congressional approval would be required.

The idea of a digital dollar has faced strong opposition from Republicans, with Florida Governor Ron DeSantis banning CBDCs in Florida, citing concerns over government surveillance and control.