“The federal government has proven time and again that it cannot be trusted with more power. Central Bank Digital Currency would create the infrastructure for financial surveillance and government control unlike anything we’ve ever seen. We must stop it before it starts. That’s why I’m proud to support Rep. Cloud’s Permanent CBDC Ban Act and ensure Americans, not Washington bureaucrats, remain in control of their own money.”
Support the Permanent CBDC Ban Act to permanently prohibit the Federal Reserve from issuing or creating a Central Bank Digital Currency.
Occurrences
Evidence
legacy_unverified · Source version not recorded · locator unknown
GovInfo bill text for H.R. 10017 lists Mr. Moore of Alabama among the original House introducers/cosponsors and states the bill is to permanently prohibit the Federal Reserve from issuing or creating a central bank digital currency.
legacy_unverified · Source version not recorded · locator unknown
Rep. Cloud's official release names Barry Moore as an original cosponsor. It also quotes Moore saying he is proud to support Rep. Cloud's Permanent CBDC Ban Act to keep Americans in control of their own money.
Assessments
Moore fulfilled the promise by publicly supporting and originally cosponsoring H.R. 10017, the Permanent CBDC Ban Act, during the same federal House term. The claim was to support the Act, not necessarily to enact the CBDC ban into law.