{"id":84424,"date":"2023-09-13T12:37:47","date_gmt":"2023-09-13T09:37:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=84424"},"modified":"2025-09-12T17:16:32","modified_gmt":"2025-09-12T14:16:32","slug":"u-s-representative-reintroduces-cbdc-privacy-bill","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/u-s-representative-reintroduces-cbdc-privacy-bill\/","title":{"rendered":"U.S. Representative Reintroduces CBDC-Privacy Bill"},"content":{"rendered":"<p>On September 12, House Republican Leader Tom Emmer and 49 co-authors of the &#8216;financial privacy&#8217; bill <a href=\\\"https:\/\/emmer.house.gov\/press-releases?id=AF7974C8-BAD5-4082-9E77-29A6D7EA5915\\\">\u0432\u044b\u043d\u0435\u0441\u043b\u0438<\/a> document for the administration&#8217;s consideration.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>The initiative aims to ban the central bank digital currency (CBDC) issuance by \\&#8221;unelected bureaucrats in Washington\\&#8221;.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\"><p>\\n<\/p>\n<p>\\&#8221;The administration has made clear: President Biden is prepared to jeopardize the American people&#8217;s right to financial privacy for a CBDC that tracks them,\\&#8221; Emmer said.<\/p>\n<p>\\n<\/p><\/blockquote>\n<p>\\n\\n\\n\\n<\/p>\n<p>Since 2021, Emmer has argued that the design of a digital dollar would exclude the possibility of financial surveillance of citizens.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>In February 2023, the congressman introduced the first version of the CBDC bill. According to the document, <span data-descr=\\\"Federal Reserve System\\\" class=\\\"old_tooltip\\\">\u0424\u0420\u0421<\/span> is prohibited from using the digital dollar to conduct monetary policy and to control the economy. The initiative also limits access to the technology for individuals.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Other supporters of the \\&#8221;financial privacy\\&#8221; bill include Senators French Hill, Warren Davidson, and Mike Flood.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier, Emmer described the CBDC technology as an affront to American values, privacy, individual sovereignty and the free market. In his view, the CBDC issue embodies a struggle between the authorities and ordinary citizens.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier in August, U.S. presidential candidate Vivek Ramaswamy criticized the digital dollar and Treasury Secretary Janet Yellen for promoting the central bank digital currency.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Florida Governor Ron DeSantis, who is mounting a presidential bid, also spoke out against the introduction of a CBDC. In May, he announced a ban on the digital dollar in the state.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On September 12, House Republican Leader Tom Emmer and 49 co-authors of the &#8216;financial privacy&#8217; bill reintroduced the measure for the administration&#8217;s consideration.<\/p>\n","protected":false},"author":1,"featured_media":84425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,26],"class_list":["post-84424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=84424"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84424\/revisions"}],"predecessor-version":[{"id":84426,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/84424\/revisions\/84426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/84425"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=84424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=84424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=84424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}