No Permanent CBDC Ban, No Deal: House Republicans Draw a Red Line

A bloc of House Republicans is threatening to sink a bipartisan Senate housing package unless lawmakers replace a temporary restriction on a US central bank digital currency (CBDC) with a permanent ban. The dispute centers on the 21st Century ROAD to Housing Act, released last week by the Senate Banking Committee. The bill would temporarily bar the Federal Reserve from issuing a CBDC, but that restriction would expire on December 31, 2030. Why Are These Lawmakers Insisting on a Permanent CBDC Ban? However, that sunset clause has drawn opposition from an 18-member group of House Republicans source: https://beincrypto.com/no-permanent-cbdc-ban-no-deal-house-republicans-draw-a-red-line/