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Mnuchin And Powell: Don't Expect Fed To Issue Digital Currency Anytime Soon
Summary: The United States will not be creating a digital currency anytime soon, according to Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell. During the House Financial Services Committee hearing in Washington Mnuchin said, “Chair Powell and I have discussed this -- we both agree that in the near future, in the next five ...
The United States will not be creating a digital currency anytime soon, according to Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell.
During the House Financial Services Committee hearing in Washington Mnuchin said, “Chair Powell and I have discussed this -- we both agree that in the near future, in the next five years, we see no need for the Fed to issue a digital currency.”
Ramsey Baker
Tags: Digital Currency,House Financial Services Committee,Jerome Powell,Steve Mnuchin
Link: Mnuchin And Powell: Don't Expect Fed To Issue Digital Currency Anytime Soon [Copy]
