‘The financial equivalent of the Death Star’: This Republican lawmaker blasted the Fed for looking into building what he calls an ‘Orwellian-style payment system’ — here’s why he’s so afraid
Story by Bethan Moorcraft, Moneywise,9/4/23 SOURCE: https://www.msn.com/en-us/money/markets/the-financial-equivalent-of-the-death-star-this-republican-lawmaker-blasted-the-fed-for-looking-into-building-what-he-calls-an-orwellian-style-payment-system-here-s-why-he-s-so-afraid/ar-AA1gdijB?ocid=msedgntp&cvid=a8fe2cfeeb43469fb336360fc5e35726&ei=20 A U.S. lawmaker has accused the Federal Reserve of quietly working on a central bank digital currency (CBDC)…