Republican Senators Introduce Bill to Block Federal Reserve's CBDC Issuance Until 2030

A new provision in the '21st Century ROAD to Housing Act,' introduced by Republican senators, seeks to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) until 2030. According to NS3.AI, this clause marks a notable shift in the political landscape, as previous discussions, such as those surrounding the National Defense Authorization Act (NDAA), did not include such measures. The introduction of this provision highlights significant political resistance to the adoption of CBDCs in the United States over the next decade.