Efforts to impose a permanent ban on the use of a U.S. central bank digital currency (CBDC) are becoming a new hurdle for the housing construction bill currently under consideration in Congress. These restrictions complicate the progress of legislation that is already burdened with a crowded agenda and competing political demands. Pressure intensified on March 6, when lawmakers urged House Speaker Mike Johnson and Senate Majority Leader John Thune to tighten the bill’s provisions regarding CBDCs.
CBDC Ban Emerges as Obstacle to U.S. Housing Bill
Category
Finance
