"Trump Pledges to Block Federal Reserve Digital Currency"

Former President Donald Trump vows to block the creation of a central bank digital currency if elected, expressing concerns about government tyranny and surveillance. The Federal Reserve has been researching the feasibility of a digital dollar but has not made a decision. The prospect of a digital dollar has become politically contentious, with opponents like Florida Gov. Ron DeSantis preemptively banning them in his state over privacy and surveillance concerns. Fed officials have emphasized the need to balance consumer privacy with transparency and deterrence of criminal activity in any potential central bank digital currency design.