
KEY POINTS
- Federal Reserve Governor Michelle Bowman, in October, expressed reservations about the necessity and benefits of a U.S. CBDC
- Trump promised to "never allow" the creation of CBDC
- The audience expressed their agreement through applause following Trump's speech
Former President Donald Trump, currently seeking the Republican presidential nomination, on Wednesday, opposed the idea of United States adopting a Central Bank Digital Currency (CBDC), pledging that he would "never allow" the digital form of a country's fiat currency regulated by the country's central bank.