Kevin Warsh Opposes Federal Reserve's Issuance of CBDC

Kevin Warsh has expressed his view that the Federal Reserve lacks the authority to issue a Central Bank Digital Currency (CBDC). According to NS3.AI, Warsh, who is a former member of the Federal Reserve Board, stated that even if he were in a position to authorize such a move as chair, he would not support the issuance of a CBDC.