Rep Emmer Introduces Bill To Limit Fed With CBDC

The Fed is going to be limited in their ability to issue a CBDC. This is the case if Rep Emmer from Minnesotra has anything to do with it. The cryptocurrency proponent has introduced legislation to limit the powers of the Fed regarding this.

In this video I go through how this bill is actually unnecessary since the Fed is alreadly banned from giving accounts to American citizens. Also, a CBDC for inter-bank settlements is much different than what the Chinese did with the Yuan.