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Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits (www.pymnts.com)

posted 1 year ago by Questionable 1 year ago by Questionable +15 / -0

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits

Federal Reserve Governor Michelle W. Bowman said it’s unlikely that the benefits of a central bank digital currency would be greater than the potential risks.

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– Vlad_The_Impaler 1 point 1 year ago +2 / -1

President Trump to nominate Michelle Bowman for a full term on Fed board April 03, 2019 01:00 AM https://www.pionline.com/article/20190403/ONLINE/190409916/president-trump-to-nominate-michelle-bowman-for-a-full-term-on-fed-board

She was nominated by Trump

Can't find any info on her husband.

She has a background in community banking oversight.

Looks like she was put on federal politics via Bob Dole and later George W Bush.

Her family owns Farmers & Drovers Bank. So her family has banking background and owns a bank. Her family's bank is worth some $200 million in assets.

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