US Congressman: We don't want the Fed to control the financial system through the CBDCs.

According to the Block report, during a hearing on the future of digital banking at the Fintech task force hearing on June 16, Congressman Anthony Gonzalez said, “I don't want the Federal Reserve takes advantage. I do not want. I want to, "he said. Representative French Hill agreed, saying," The Fed shouldn't open accounts directly with people. I'm worried about that. ”Further, Congressman Tom Emmer said,“ I'm concerned that the CBDC we're looking at won't make the Fed a consumer market. That's not what we want. Instead, he refers to the Bitcoin network as an example of a system that “only works. It can only be completed when it is open, unauthorized and private ".