Press Releases

Washington, D.C. — Florida Congressman Daniel Webster, R-Clermont, released the following statement after voting to pass H.R. 5403, the CBDC Anti-Surveillance State Act, to protect Americans right to privacy by prohibiting the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) or offering services directly to individuals without congressional authorization.
“I am strongly opposed to government creating a digital form of sovereign currency,” said Rep. Webster. “The introduction of a CBDC would threaten the privacy of American’s financial information, hinder free market competition, and serve as nothing more than a surveillance tool for unelected bureaucrats to weaponize against small businesses and the American people. Authoritarian regimes like Communist China use CBDC’s to surveille its citizens and institute an Orwellian social credit system. I voted to pass this legislation to stop government overreach and protect American’s Constitutional right to privacy.”