Rep. Greene Criticizes GENIUS Act for CBDC Loophole
- Rep. Marjorie Taylor Greene claims the GENIUS Act contains a loophole for introducing CBDCs.
- Greene voted against the GENIUS Act in July, citing concerns over CBDC implications.
- The Anti-CBDC Surveillance State Act passed the House in July but awaits Senate approval.
- Greene criticized House Speaker Mike Johnson for not including anti-CBDC measures in the NDAA.
- Braden Perry argues that Greene’s claims lack legal basis and are more political than factual.
The GENIUS Act is intended to regulate stablecoins without introducing central bank digital currencies, according to Braden Perry, who refutes Rep. Greene’s claims of a loophole.
Despite opposition from some lawmakers like Rep. Greene, the GENIUS Act remains supported by a majority, with over two hundred voting in favor versus twelve against in July.Source
