Rep. Emmer introduces bill to prevent Fed from issuing CBDC

U.S. Rep. Tom Emmer (R-MN) introduced legislation that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC).© Shutterstock Specifically, the Anti-CBDC Surveillance State Act would prohibit the Federal Reserve from issuing a CBDC directly to individuals, or indirectly through an intermediary or third party. Further, it would prevent the Fed from…