A bill designed to stop the U.S. Federal Reserve from issuing a central bank digital currency (CBDC) moved a step closer to ...
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Rep. Tom Emmer says the so-called WYST is just another state CBDCHouse Majority Whip Tom Emmer (R-MN) strongly criticized Wyoming's plan to issue its own stablecoin, WYST, on Thursday. He ...
Senator Ted Cruz has introduced a bill to prohibit the Federal Reserve from issuing a CBDC, weeks after Rep. Emmer introduced ...
In 2023, Congressman and Majority Whip Tom Emmer introduced his anti-CBDC bill. The bill then received approval from the House Financial Services Committee and the House of Representatives in 2024.
On April 2, 2025, the U.S. House Financial Services Committee passed the Anti-CBDC Surveillance State Act, a bill introduced ...
The Anti-CBDC Surveillance State Act seeks to block the Fed from issuing a digital currency without Congress' approval to protect privacy.
Rep. Tom Emmer Takes Swipe At CBDCs During "Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S. CBDC," Emmer claimed that ...
The Texas Republican’s bill can be considered a companion bill to Minnesota Republican Representative Tom Emmer’s anti-CBDC legislation, which was reintroduced on March 6. A companion bill is ...
US Representative Tom Emmer argued for prioritizing pro-stablecoin legislation in a March 11 House Financial Services Committee hearing, while calling central bank digital currencies (CBDC ...
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