Jerome Powell: Fed Weighing Costs, Benefits and Trade-Offs of Digital Currency
Federal Reserve Chairman Jerome Powell answered questions posed by Rep. Bill Foster (D-Illinois) regarding the competitive threat to the U.S. dollar’s status as a global reserve currency by China’s ambitions to create a digital yuan and the proposal of Libra. Source: Financial Services Committee hearing, Feb. 11, 2020.
Jul 31, 2020
Jul 30, 2020