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Federal Reserve’s Randall Guynn Says There Are No Plans for a U.S. CBDC

Federal Reserve’s Randall Guynn Says There Are No Plans for a U.S. CBDC

The brief statement indicates the Federal Reserve does not plan to build or issue a central bank digital currency (government-issued digital money).

Fact Check
The statement is corroborated by official records of Randall Guynn's testimony on March 26, 2026, and subsequent news reporting. Guynn, in his capacity as the Fed's Director of Supervision and Regulation, reiterated the central bank's position that there are no active plans to implement a CBDC.
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Summary

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Terms & Concepts
  • CBDC: A central bank digital currency is digital money issued directly by a country’s central bank.