Trump Vows to ‘Never Allow’ a Federal Reserve Digital Dollar

Jan. 18, 2024, 3:40 AM UTC

Former President Donald Trump came out against the idea of a central bank-issued digital dollar, saying he wanted to “protect Americans from government tyranny.”

“As your president, I will never allow the creation of a central bank digital currency,” Trump said at a campaign stop in New Hampshire Wednesday night. “Such a currency would give a federal government — our federal government — absolute control over your money. They could take your money and you wouldn’t even know it’s gone.”

Any proposal for a digital currency issued by the US Federal Reserve would face significant obstacles, but has already generated ...

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