The Fed's Responsibility for the Money Supply

"The Federal Reserve issued some documents recently that my staff was provided. They have not been directed by Congress to do a thing," he said. "They're putting it out in their own materials today, and they have no authority." The idea of central bank digital currency started gaining traction more than a decade ago because people don't trust the way our money supply has been handled,. He added: 'I think these people literally looked at this more than a year ago'