Over the years, multiple officials have raised concerns, with most saying there was no obvious need for a CBDC and citing concerns over privacy and other issues. Powell also has stressed that ...

Federal Reserve Chair Jerome Powell told US lawmakers in the Senate that the department would not issue a central bank digital currency (CBDC) while he was chair. Speaking at a Feb. 11 Senate ...

Treasury Secretary Scott Bessent said he is not in favor of debuting a central bank digital currency under Donald Trump’s ...

Trump blasted Powell in a Truth Social post on Thursday ... system," and advocated for the Federal Reserve to adopt a central bank digital currency (CBDC) to compete with China's digital yuan. Warsh, ...

Trump Renews Attack on Federal Reserve Chair Powell, Dow Jones Tumbles 1,000 Points WASHINGTON (AP) — President Donald Trump repeated his attacks Monday against the chair of the Federal Reserve ...

Trump blasted Powell in a Truth Social post on Thursday ... for the Federal Reserve to adopt a central bank digital currency (CBDC) to compete with China's digital yuan.