Part 4/10:
Congressman Emmer publicly supported the bill via a tweet, emphasizing that any digital dollar used in the United States must uphold core American values—particularly privacy, individual sovereignty, and free market principles. His statement signals concern that a poorly implemented digital dollar could threaten these fundamental rights and open doors to potentially dangerous surveillance or control mechanisms embedded within digital currencies.
Key Provisions of the Bill
The bill introduces several critical clauses to clarify its scope and intentions. The most significant includes:
- Prohibition on Direct Federal Reserve Retail Services: