A Bold Line in the Sand: No CBDCs on Trump’s Watch In what could be one of the most consequential moves of his return to the presidency, Donald Trump reaffirmed his commitment to block the development of a Central Bank Digital Currency (CBDC) in the United States. Speaking from the White House on July 18, Trump declared: “My first week in office, I signed an executive order to ban the creation of a CBDC in the United States. And very soon, I look forward to signing legislation that will codify and make it a permanent law.” He’s right to resist it. A CBDC would be the ultimate backdoor for centralized control of your money—programmable, trackable, and retractable by unelected officials…
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