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Republican Representative Warren Davidson Urges Congress to Ban Central Bank Digital Currencies (CBDCs)

Republican Representative Warren Davidson has called for a ban on Central Bank Digital Currencies (CBDCs) and for their development to be criminalized. He accused the Federal Reserve of creating a financial tool for coercion and control, and argued that money should not be programmable by a central authority. Davidson's comments came in response to a job advertisement by San Francisco's Federal Reserve Bank for a "senior crypto architect" to work on a CBDC project. Other politicians, including presidential candidate Ron DeSantis and Tom Emmer, have also expressed concerns about state-controlled digital money.

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