AMAC Takes on Digital Currency Overreach with Anti-CBDC Bill

Andy Mangione, Senior VP of AMAC Action, joins Damon on Studio 6B to discuss AMAC's support for the Anti-CBDC Surveillance State Act. Sponsored by House Majority Whip Tom Emmer, the bill aims to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) without congressional approval, protecting financial privacy and preventing government overreach. Mangione explains how a government-controlled digital currency could disproportionately harm seniors, increase financial surveillance, and pose cybersecurity risks. With Republicans in control of Congress, he believes the bill has a strong chance of passing.