South Lake Today

Washington, D.C. — Florida Congressman Daniel Webster, R-Clermont, released a statement following his vote to pass H.R. 5403, the CBDC Anti-Surveillance State Act. The legislation aims 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 Americans' 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 CBDCs to surveil its citizens and institute an Orwellian social credit system. I voted to pass this legislation to stop government overreach and protect Americans' Constitutional right to privacy.”

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