After President Joe Biden signed an executive order instructing the government to research and develop central bank digital currency (CBDC), nearly every agency responded with public reports. The one outlier was the Department of Justice (DOJ), which opted to withhold its legislative analysis from the public eye. I've had a Freedom of Information Act request pending for two years now in hopes of making the DOJ's analysis public, and I'm not the only one seeking answers. Members of Congress have noticed the missing analysis as well. Representative French Hill (R-AR) and ten other members of Congress wrote to Attorney General Merrick Garland in October 2022 when it became clear that the information had been withheld. In the two years that have passed since our initial queries, neither my Freedom of Information Act request nor Representative Hill's letter have been answered. When we discussed the matter, Representative Hill said, "I have pressed the DOJ for two years to receive a copy of their memo on CBDCs yet have received nothing but silence." He further said,
Authors
- Pages
- 2
- Published in
- United States of America
Table of Contents
- After President Joe Biden signed an executive order instructing the 1
- Iʼve had a Freedom of Information Act request pending for two years now 1
- Congress wrote to Attorney General Merrick Garland in October 2022 1
- In the two years that have passed since our initial queries neither my 1
- Freedom of Information Act request nor Representative Hillʼs letter have 1
- CBDCs yet have received nothing but silence. He further said 1
- The House was clear when it passed the Emmer-Hill CBDC Anti- 1
- Surveillance State Act to prohibit the Federal Reserve from issuing a 1
- CBDC and Chair Powell has publicly stated the Fed would not 1
- Administrationʼs efforts to exert broad and untested executive 1
- Representative Hill is right it should not be difficult for the DOJ to make 2
- Yet despite the efforts of myself and Representative Hill the only publicly 2
- Perhaps itʼs notable that out of the many reports required by executive 2
- Assistant to the President for National Security Affairs APNSA and the 2
- Assistant to the President for Economic Policy APEP instead of to the 2
- Given how the rise of CBDCs has increasingly become a public concern 2
