Federal Reserve Alert! Governor Michelle W. Bowman speaking on the potential politicization of CBDC policy objectives: “potential to allow the government to limit certain types of private spending or limit access to banking accounts, it could also threaten the Federal Reserve’s independence.”
by Dismal-Jellyfish Governor Michelle W. Bowman at the Georgetown University McDonough School of Business Psaros Center for Financial Markets and Policy, Washington, DC Source: https://www.federalreserve.gov/newsevents/speech/bowman20230418a.htm Highlights: While the Federal Reserve plays an important role in these ongoing discussions and technical …