DONALD TRUMP AND THE CONSERVATIVE PARTY DTACP

[NYBob]

Rep. Alex Mooney aims to block Fed's digital currency scheme

By JP Cortez
Money Metals News Service, Eagle, Idaho
Monday, June 5, 2023

A sound money champion, U.S. Rep. Alex Mooney, R-West Virginia, has introduced H.R. 3712, the
Digital Dollar Pilot Prevention Act -- legislation that would block the Federal Reserve from unilaterally
pursuing any form of central bank digital currency scheme.

"Congress cannot give an inch when it comes to central bank digital currencies," Mooney said. "They
would threaten the liberties of law-abiding Americans and are being used by authoritarian countries
right now to crack down on dissent."

H.R. 3712 is the latest in a growing backlash to central planners' designs to further centralize
government control of currencies, including creating a greater ability to track all financial transactions,
disallowing certain types of purchases, and even outright "turning off" a targeted individual's access to
money. ...

... For the remainder of the report:

https://www.moneymetals.com/news/2023/06/06/rep-alex-mooney-aims-to-block-feds-digital-currency-scheme-002755

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