During a conversation with news personality Tucker Carlson at the Family Leadership Summit, Florida Governor Ron DeSantis stated that if he is elected president, he would immediately reject any agenda to introduce a central bank digital currency (CBDC).
DeSantis expresses concern
DeSantis expressed his concern that the Federal Reserve may attempt to implement a CBDC without congressional approval.
“If I’m the President, on day one, we will nix central bank digital currency. Done, dead, not happening in this country.
In the state of Florida, because the Fed has been talking about this – and what the Fed said was, ‘Well we wouldn’t do it without consulting the legislative and executive branches, ideally we would get a law passed.’”
He continued and said the following:
“No no no, that’s not [what] the constitution says, [that] it’s only ideal that you get a law passed, you would have to get a law passed. I don’t think Congress would pass that, so I think the Fed may try to do something unilaterally. So what we did in Florida is we basically passed a law that says ‘We do not recognize CBDCs in the state of Florida.’ And I think other states are probably going to follow suit. That will jam their ability to do it through executive action.”
Throughout this year, DeSantis has made it clear that if the Federal government introduces CBDCs, Florida will make an attempt to ban them.
According to the governor, CBDCs could potentially be used as a means to phase out physical cash and provide the government with control over individuals’ spending habits.
During an interview with the New York Post, the nephew of the former President John F. Kennedy stated that he would implement policies that would protect Americans’ freedom to use Bitcoin if elected.
“I will make sure that we have policies that support Bitcoin and the freedom to transact and that allow individuals to manage their own Bitcoin wallets, nodes, and passwords. I will allow only the narrowest controls that are necessary to prevent money laundering.”