Conservative members of the House are expressing opposition to a Senate proposal that seeks to impose a temporary ban on the establishment of central bank digital currency (CBDC) while extending the federal government’s warrantless surveillance powers. The proposal is backed by Senators Tom Cotton (R-Ark.) and Chuck Grassley (R-Iowa), who hold leadership positions in the Senate Intelligence Committee.
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House Conservatives Oppose Senate Proposal for CBDC Ban and Warrantless Surveillance Extension
Conservative lawmakers in the House are challenging a Senate proposal that combines a temporary ban on central bank digital currency with an extension of warrantless surveillance powers. The proposal is led by Senators Tom Cotton and Chuck Grassley.
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Privacy hawks rail against Senate FISA proposal with 3-year CBDC ban
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House Conservatives Oppose Senate Proposal for CBDC Ban and Warrantless Surveillance Extension