NEWS

House member urges Congress to ‘criminalize’ CBDCs: ‘Tool for coercion and control’

Updated: July 25, 2023 at 4:58 pm EST  See Comments

Tue Jul 25, 2023 – 3:01 pm EDT

(LifeSiteNews) — A U.S. representative has called for Congress to ban and “criminalize” central bank digital currencies (CBDCs), condemning them as a “tool for coercion and control.”

“The Federal Reserve is building the financial equivalent of the Death Star,” tweeted Rep. Warren Davidson (R-OH) on Sunday while posting a screenshot of an advertised “Sr. Crypto Architect” position to design CBDC technology with the Federal Reserve Bank of San Francisco.

The Federal Reserve is building the financial equivalent of the Death Star.

Central Bank Digital Currency (CBDC) corrupts money into a tool for coercion & control.

Congress must swiftly ban then criminalize any effort to design, build, develop, test or establish a #CBDC. pic.twitter.com/9JWiyj5H2f

— Warren Davidson 🇺🇸 (@WarrenDavidson) July 23, 2023

“Central Bank Digital Currency (CBDC) corrupts money into a tool for coercion & control,” Davidson continued, adding, “Congress must swiftly ban then criminalize any effort to design, build, develop, test or establish a #CBDC.”

The congressman went on to quote from the job description, which suggested that the Federal Reserve’s Board of Governors, which oversees all twelve Federal Reserve banks in the U.S. and helps carry

The remainder of this article is available in its entirety at LifeSite News

The views expressed in this news alert by the author do not directly represent that of The Christian Journal or its editors

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