Why is it the business of a governor? Well, I think it will be a national. So you read from Biden's executive order, so they're, quote, studying it. The Federal Reserve has come out and said, well, we don't have one yet. And we would only do it after, quote, consulting with the legislative and executive branches. Ideally, we get specific congressional authorization. Wait a minute. It's not ideal that you get congressional. That's what the Constitution requires. (39:00–39:12)
CLAIM
Asserts that the Federal Reserve has stated it would consult legislative and executive branches before implementing digital currency.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
