{"id":26777,"date":"2024-02-27T02:48:11","date_gmt":"2024-02-27T02:48:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/republican-senators-target-cbdc-in-2024-election-agenda\/"},"modified":"2024-02-27T02:48:11","modified_gmt":"2024-02-27T02:48:11","slug":"republican-senators-target-cbdc-in-2024-election-agenda","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/republican-senators-target-cbdc-in-2024-election-agenda\/","title":{"rendered":"Republican Senators Target CBDC in 2024 Election Agenda"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Texas Senator Ted Cruz and a group of Republican senators are pushing forward with efforts to limit the Federal Reserve\u2019s capability to issue a Central Bank Digital Currency (CBDC). They are preparing to introduce the Central Bank Digital Currency Anti-Surveillance State Act, aiming to bring the topic of CBDCs into the forefront of the 2024 presidential election discussions.<\/p>\n<p>This initiative, reported by FOX Business, sees Cruz teaming up with Bill Hagerty (R-Tenn.), Rick Scott (R-Fla.), Ted Budd (R-N.C.), Mike Braun (R-Ind.), and Kevin Cramer (R-N.D.), marking a concerted effort within the party to place digital currency policy under the national spotlight.<\/p>\n<p>The proposed bill demands that the Federal Reserve cannot release a CBDC to the public without explicit permission from Congress, highlighting worries over privacy and the control over personal financial transactions.<\/p>\n<p>Some conservative voices express concern that a CBDC could enable the federal government to observe and potentially influence Americans\u2019 spending habits.<\/p>\n<p>On the other hand, the Biden administration has given the green light for the Fed to investigate the benefits a CBDC could offer in making payments more efficient and accessible. Yet, there\u2019s been no move towards its actual deployment.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/gop-senators-unite-to-challenge-feds-digital-currency-plans\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Texas Senator Ted Cruz and a group of Republican senators are pushing forward with efforts to limit the Federal Reserve\u2019s capability to issue a Central Bank Digital Currency (CBDC). They are preparing to introduce the Central Bank Digital Currency Anti-Surveillance State Act, aiming to bring the [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":26778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26777"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26777"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26778"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}