Fed Will Only Issue Digital Currency With Support From White House, Congress: Treasury Official

Fed Will Only Issue Digital Currency With Support From White House, Congress: Treasury Official
A file photo of U.S. dollars. Luis Robayo/AFP via Getty Images
Andrew Moran
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The Federal Reserve will only issue a central bank digital currency (CBDC) with the support of the White House and Congress, says Nellie Liang, Under Secretary of Treasury for Domestic Finance.

Liang joined a discussion at the Atlantic Council’s GeoEconomics Center about the future of money and payments, including cryptocurrency, stablecoins, and CBDCs.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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