Politics aside, what’s the plan for US central bank digital currency?

Source: thehill.com thehill.com

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While there have been many intelligent discussions about the merits and perils of central bank digital currencies, or CBDCs, imagine U.S. digital dollars that are accessible directly from the Federal Reserve instead of a bank. The debate in Washington has been distilled to something akin to a bottom-shelf vodka: cheap, without nuance, easy to slosh around, and difficult to stomach. Anti-CBDC legislation has been introduced that would prevent the Federal Reserve from exploring or introducing one to the American economy. Political agendas and interested parties have also clouded the debate. Efforts are moving at a glacial pace in the U.S....