I’d assume that since the Treasury is under the executive branch it would instruct them they they would neither issue nor accept a CBDC as legal tender or to issue debt.
If the FED did an end run around, the CBDC wouldn’t have traction it would need to gain adoption
Executive orders aren’t laws. Can someone explain whether the executive branch has the power to actually do anything on the matter?
I’d assume that since the Treasury is under the executive branch it would instruct them they they would neither issue nor accept a CBDC as legal tender or to issue debt.
If the FED did an end run around, the CBDC wouldn’t have traction it would need to gain adoption