The U.S. House of Representatives passes the National Defense Authorization Act without including a CBDC ban, drawing dissatisfaction from hardline Republicans.
Jinse Finance reported that, according to a certain exchange, the U.S. House of Representatives passed the National Defense Authorization Act (NDAA) on Wednesday with a vote of 312-112, but the bill did not include the previously promised ban on central bank digital currency (CBDC), causing dissatisfaction among hardline Republicans. Republican Congressman Keith Self posted on X, stating, "Conservatives were explicitly promised that strong anti-CBDC language would be included in the NDAA, but this promise was broken." Self had submitted an amendment on Tuesday to include a CBDC ban, but the amendment did not advance and was not voted on in the House. In July this year, the House Republican leadership had reached an agreement with party hardliners, promising to include a CBDC ban in the defense spending bill in exchange for their support of three cryptocurrency bills. Congresswoman Marjorie Taylor Greene also criticized House Speaker Mike Johnson for not fulfilling his promise. The bill has now been sent to the Senate, aiming to pass by the end of the year. Self stated that he will continue to push for a CBDC ban in the next must-pass bill.
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