House Freedom Caucus Demands CBDC Ban in FISA 702 Renewal as June 12 Deadline Nears
Updated
Updated · Fox News · May 11
House Freedom Caucus Demands CBDC Ban in FISA 702 Renewal as June 12 Deadline Nears
3 articles · Updated · Fox News · May 11
House Freedom Caucus members said they will oppose any Section 702 reauthorization that does not include a permanent ban on a U.S. central bank digital currency.
June 12 is the new deadline after Congress passed a 45-day extension in April, and the standoff now threatens timely renewal of a surveillance tool the Trump administration says is vital.
Senate Democrats oppose attaching a CBDC ban, leaving the House push effectively dead on arrival in the upper chamber and setting up another cross-chamber clash.
Conservative Republicans are tying the demand to a broader anti-surveillance push that also includes a warrant requirement for Americans' data and repeal of a Biden-era impaired-driver 'kill switch' mandate.
Section 702, which targets foreigners abroad but can sweep in Americans' communications, has drawn resistance from both conservative and progressive privacy hawks, making a clean long-term extension unlikely.
Can a government-issued digital dollar exist without becoming a tool for mass financial surveillance?
If agencies can buy our data, does a warrant for government databases truly protect our privacy?
With cars becoming data collectors, where is the line between safety features and driver surveillance?