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US Republican Congressman: CBDC would grant the federal government significant power, thereby neglecting the protection of financial privacy

US Republican Congressman: CBDC would grant the federal government significant power, thereby neglecting the protection of financial privacy

ForesightNewsForesightNews2025/12/11 06:52
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Foresight News reported that U.S. Republican Congressman Keith Self tweeted, "Central Bank Digital Currency (CBDC) is the ultimate tool for government surveillance and control over every American's finances. It would grant the federal government unprecedented power to track, restrict, and even freeze transactions. Ignoring the protection of Americans' financial privacy is unacceptable. That is why I voted against the National Defense Authorization Act. We must demand better outcomes and continue the fight in the next must-pass bill to ensure that CBDCs never see the light of day. Financial freedom is non-negotiable."

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