Tue Sep 19, 2023 – 2:55 pm EDT
(LifeSiteNews) — Florida governor and 2024 presidential candidate Ron DeSantis criticized central bank digital currencies (CBDCs) and took aim at both President Joe Biden and former President Donald Trump for supporting them.
“Both the Trump and Biden administrations have pursued a Central Bank Digital Currency. I will not; in fact, I will ban it — just as I did in Florida,” he wrote on X.
“A CBDC is a massive threat to American liberty,” he said. “It would allow the federal government to surveil all your purchases and control your accounts. It would pave the way to a CCP-style social credit system. That’s why when I am president, a CBDC is DOA.”
Financial magazine Forbes reported that both Biden and Trump were “favorable” to CBDCs. Trump’s son-in-law Jared Kushner worked behind the scenes to push the Treasury Department to explore the idea.
DeSantis, however, signed a law that “says we do not recognize CBDC in the State of Florida, and I think other states are probably going to follow suit.”
“That will jam their ability to do it through executive action,” he previously told Tucker Carlson.
“They want
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