Tom Emmer's Remarks On His "CBDC Anti-Surveillance State Act"

After Emmer's "CBDC Anti-Surveillance State Act" passed the House Financial Services Committee, he made some interesting comments:

• The bill has been 3 years in the making
• 60 members of Congress have pledged support, as well as prominent groups like the Blockchain Association, the Independent Community Bankers Association, the Heritage Foundation, the American Bankers Association, and the Club for Growth
• A CBDC is un-American and will enable financial surveillance
• He wants to avoid government financial control like Canada seizing the accounts of people involved in the 2022 trucker protest and China's social credit system
• The Biden Administration has shown a strong signal of support for CBDC, especially through an executive order that placed urgency on researching and developing one
• Currency should be permissionless and private

https://emmer.house.gov/2023/9/emmer-s-cbdc-anti-surveillance-state-act-passes-financial-services-committee