House Republicans Explore Legislation for Central Bank Currency
DOJ should assess whether legislation is necessary for a central bank digital currency in the U.S. (see 2203090072), Republicans on the House Financial Services Committee wrote Attorney General Merrick Garland Wednesday. They requested an assessment and any related legislative proposal…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
by Oct. 15, in a letter led by ranking member Patrick McHenry, R-N.C., citing President Joe Biden’s executive order on the matter: “The appropriate place for the discussion on whether authorizing legislation is necessary, is in the legislative branch. ... Both Federal Reserve Chairman Powell and Vice Chair Lael Brainard have also testified on the need for authorizing legislation.”