Donald Trump is once again in the race to become the next US President later this year in 2024. In one of his campaign speeches, Donald Trump<\/a> recently vowed to oppose the creation of central bank digital currency (CBDC) aka Digital Dollar.<\/p>\n \u201cAs your president, I will never allow the creation of a Central Bank Digital Currency. Such a currency would give the federal government absolute control over your money. This would be a dangerous threat to freedom \u2013 and I will stop it from coming to America. We are also going to put in place strong protections to stop banks and regulators from trying to debanks you for your political beliefs. That will never happen while I am your president,\u201d he said.<\/p>\n <\/p>\n House Majority Whip Tom Emmer (R-MN) has thrown his support behind former President Donald Trump in the battle against the creation of a digital dollar. In response to Trump\u2019s remarks on CBDCs, Congressman Emmer took to social media platform X on Friday, expressing his agreement with Trump\u2019s viewpoint on the potential threat CBDCs pose to Americans\u2019 financial privacy.<\/p>\n Emmer stated<\/a>, \u201cI agree with President Trump; CBDCs pose a serious threat to Americans\u2019 right to financial privacy. I look forward to working with him as we continue the fight against the expanding government surveillance state.\u201d<\/p>\n <\/p>\n In a subsequent post, Emmer highlighted the ongoing efforts of Congressional Republicans in resisting the implementation of a surveillance-style CBDC. He specifically mentioned his bill, the CBDC Anti-Surveillance State Act, boasting 75 cosponsors, and emphasized their commitment to garnering additional support.<\/p>\n <\/p>\n While the Federal Reserve explores the concept of a digital dollar, it has not committed to its creation. Notably, several Fed officials and lawmakers, including Fed Governor Michelle Bowman, question the necessity of a CBDC. Bowman remains unconvinced that a digital dollar could address issues more effectively or efficiently than alternative solutions, with fewer downside risks for consumers and the economy.<\/p>\n Fed Chair Jerome Powell clarified the Fed\u2019s stance in September of the previous year, stating, \u201cWe have not decided to proceed [with a digital dollar] \u2026 We see this as a process of at least a couple of years.\u201d The debate over the potential creation of a digital dollar continues to unfold, with Emmer\u2019s alignment with Trump adding a prominent voice to the chorus of concerns surrounding financial privacy and government surveillance.<\/p>\n <\/p>\n In a surprising turn of events, Florida Governor Ron DeSantis has announced the suspension of his 2024 presidential campaign and has thrown his support behind former President Donald Trump. This decision marks a significant development in the political landscape as DeSantis, a prominent Republican figure, repositions himself within the party.<\/p>\n \ud83d\udea8 BREAKING: Florida Governor Ron DeSantis has suspended his 2024 campaign for President and endorsed Donald Trump<\/p>\n pic.twitter.com\/QGSDHA32hK<\/a><\/p>\n \u2014 Benny Johnson (@bennyjohnson) January 21, 2024<\/a><\/p>\n<\/blockquote>\n Moreover, political strategist Roger Stone has made an unexpected prediction<\/a>, suggesting that President Joe Biden may step down from his position, paving the way for Michelle Obama to take his place. Stone\u2019s speculation adds an intriguing layer to the evolving political narrative, sparking discussions and debates about the future dynamics of the current administration.<\/p>\n \ud83d\udea8 Roger Stone Predicts Biden Will DROP OUT and Michelle Obama will REPLACE HIM https:\/\/t.co\/xsKz8SQFQM<\/a> pic.twitter.com\/zCuhMnabFM<\/a><\/p>\n \u2014 Mario Nawfal (@MarioNawfal) January 22, 2024<\/a><\/p>\n<\/blockquote>\n <\/p>\n \u2713 Share:<\/p>\nDonald Trump Receives Support from Lawmakers<\/h3>\n
Trump Leads the Republican Presidential Campaign<\/h3>\n
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