Biden also directed the leadership of the National Economic Council, National Security Council, Office of Science and Technology Policy, and the Treasury Department to “meet regularly” with the Federal Reserve to further design a potential CBDC.

Since September, the administration has worked tirelessly – and quietly – to advance the creation of a CBDC. Various working groups have been coordinating efforts with non-government groups. –

Biden also directed the leadership of the National Economic Council, National Security Council, Office of Science and Technology Policy, and the Treasury Department to “meet regularly” with the Federal Reserve to further design a potential CBDC.

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