$RIO
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Verbatim Community Citations & Social Evidence 1 source posts analyzed
JUST IN: A new bill introduced in the House seeks to permanently prohibit the Federal Reserve from issuing or creating a central bank digital currency. The legislation, backed by 31 Republican cosponsors, was referred to the House Financial Services Committee August 3.
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AI visual note: The image is a graphic from Bitcoin.com News featuring bold text that reads "HOUSE REPUBLICANS MOVE TO PERMANENTLY BAN FEDERAL RESERVE CBDC" against a light blue background, visually announcing the legislative effort referenced in the post to prohibit the Federal Reserve from issuing a central bank digital currency.