And we agree amendments are made in order or not made in order, these amendments were included or not included, et cetera. And in the House, The Genius act had a provision about central bank digital currency that closed off, offering a retail CBDC like the Federal Reserve, offering a direct account to consumers. But that's not what the Federal Reserve is working on. What they've been building, the Death Star they've been building is called a wholesale cbdc. (19:42–19:55)
CLAIM
Asserts that the Genius Act included a provision to prevent the Federal Reserve from offering retail CBDCs.
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