Rep. Michael Cloud
@RepMichaelCloud
The Senate passed the 21st Century ROAD to Housing Act without a permanent, ironclad ban on a Central Bank Digital Currency and CBDC research.
What we have now is a "ban" that sunsets in 2030. This is a sneaky way of legitimizing the Federal Reserve’s efforts to develop a CBDC and essentially gives the Federal Reserve a five year on-ramp to develop and impose a surveillance state digital dollar.
This 2030 "ban" is a Trojan horse disguised as protection, quietly paving the way for unconstitutional government overreach into every American's finances.
This should be DOA in the House — for both the CBDC provision and the fact that the Senate has not yet passed the SAVE America Act.
2026-03-12T19:13:20.000Z