Warsh says no to CBDC. What about the wholesale digital dollar he proposed?
During the Senate Banking Committee nomination hearing for the next Federal Reserve Chair, Kevin Warsh said no to a central bank digital currency (CBDC).
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At his April 21 Senate Banking hearing, Warsh called a CBDC 'a bad policy choice' in answer to Senator Bernie Moreno, while leaving room for the wholesale digital dollar he previously proposed.
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