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House Freedom Caucus Blocks Digital Dollar, Advances Crypto Bills

7/20/2025

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Summary

Story summary

The House Freedom Caucus celebrated a significant win for financial privacy by securing a commitment to block the Federal Reserve from launching a digital U.S. dollar. This victory paved the way for House Republicans to push forward three crucial cryptocurrency bills, including anti-CBDC measures in the National Defense Authorization Act, during a pivotal vote filled with intense negotiations.

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Story summary

The House Freedom Caucus celebrated a significant win for financial privacy by securing a commitment to block the Federal Reserve from launching a digital U.S. dollar. This victory paved the way for House Republicans to push forward three crucial cryptocurrency bills, including anti-CBDC measures in the National Defense Authorization Act, during a pivotal vote filled with intense negotiations.