Risks of Central Bank Digital Currency Featuring Rep. Tom Emmer

Online Event

Tuesday, February 8, 2022

Until recently, U.S. policymakers recognized the promise of digital assets. But as cryptocurrency, particularly stablecoins have emerged as a competitor to central banks, financial regulators have adopted a newfound urgency to adopt central bank digital currencies (CBDCs) as a public alternative. In a new study, “Central Bank Digital Currencies Threaten Global Stability and Financial Privacy,” CEI adjunct fellow Paul H. Jossey argues CBDCs will fail to achieve the policy goals promised by proponents, and pose serious risks to the financial system.

Please join CEI for an online discussion about the risks of CBDCs featuring remarks from Co-Chair of the Congressional Blockchain Caucus and crypto advocate Rep. Tom Emmer (R–MN), in conversation with CEI’s Iain Murray and Paul H. Jossey.

Rep. Tom Emmer (R–MN)

Paul H. Jossey, Adjunct Fellow, Competitive Enterprise Institute

Iain Murray, Vice President, Competitive Enterprise Institute

Tuesday, February 8, 2022

12:00 – 1:00 pm EST

Register: https://cei-org.zoom.us/webinar/register/WN_WvMJKSibRWatkwKa6w1nDA

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Rep. Tom Emmer was sworn in for his first term in the U.S. House of Representatives on January 6, 2015 and is currently serving his fourth term. He was elected by Republican colleagues to join the House GOP Leadership team as the Chairman of the National Republican Congressional Committee for the 116^th Congress and again for the 117^th Congress. Currently, he sits on the House Financial Services Committee and co-chairs the Congressional Blockchain Caucus.

Paul H. Jossey is an adjunct fellow at the Competitive Enterprise Institute and an attorney specializing in JOBS Act capital raises. He provides legal commentary on cryptocurrencies, equity crowdfunding, and the Securities and Exchange Commission at thecrowdfundinglawyers.com.

Iain Murray is vice president for strategy and a senior fellow at the Competitive Enterprise Institute. He is author of the best-selling books The Socialist Temptation, The Really Inconvenient Truths, and Stealing You Blind: How Government Fat Cats Are Getting Rich Off of You. He has written extensively on the role free markets play in improving our lives.