Gain. Marjorie Taylor Greene (R-GA) has taken purpose at the GENIUS Act—which offers a legislative framework for stablecoins within the U.S.—alleging that it accommodates a “loophole” for introducing central bank digital currencies (CBDCs).
“I give a steal to crypto nonetheless I might presumably well additionally now not ever give a steal to giving the authorities the flexibility to flip off your means to occupy fat alter of your cash and to aquire and sell,” Greene tweeted.
Relieve in July, I voted NO on the GENIUS Act on memoir of it contained a lend a hand door to a central bank digital currency (CBDC).
Relieve then Johnson promised conservatives that he would place Tom Emmer’s invoice, that closed the loophole to CBDC, within the NDAA to fetch our vote on Trump’s invoice, the… https://t.co/EHvpwgE9v8
— Gain. Marjorie Taylor Greene🇺🇸 (@RepMTG) December 9, 2025
A CBDC is a digital currency issued, regulated, and backed by a rustic’s central bank, an impartial like fiat currency. Economies around the sphere are trialing CBDCs, together with the European Union. Nonetheless they’ve proved controversial within the US as Republican lawmakers occupy claimed they might presumably well additionally allow increased authorities alter and surveillance.
Greene outlined that she voted in opposition to the GENIUS Act in July on memoir of “it contained a lend a hand door to a central bank digital currency (CBDC).”
The manual also criticized Home Speaker Mike Johnson, claiming he had “promised conservatives” that he would encompass the Anti-CBDC Surveillance Teach Act in this year’s Nationwide Defense Authorization Act (NDAA) nonetheless not at once failed to have an effect on so, retaining what she described as a loophole inaugurate.
“As standard, he didn’t build his promise,” she added.
The Anti-CBDC Surveillance Teach Act turned into once handed by the US Home of Representatives in July 2025 nonetheless has but to be accredited by the Senate. The act, if handed, would stop the Federal Reserve from developing a CBDC or a “critically identical product” for public exercise. The invoice invokes rather about a anti-surveillance concerns and monetary-privacy arguments.
The Nationwide Defense Authorization Act (NDAA) is the annual legislation handed by Congress and signed by the President authorizing the Department of Defense’s value range, spending, and coverage for the year forward.
Greene turned into once one in every of correct 12 Republican lawmakers who voted in opposition to the GENIUS Act in July, versus over 200 in desire. She would later evaluate CBDCs to the “Stamp of the Beast”, quoting a passage from the Bible’s E book of Revelation. Greene has invested $60,000 in BlackRock’s IBIT Bitcoin ETF fund this year, as per Home disclosures.
Greene’s claims, outlined
Braden Perry, a litigation, regulatory, and authorities-investigations attorney with Kennyhertz Perry LLC, says that Greene’s claims about a CBDC loophole impact now not “occupy a true factual basis,” adding that her assertion is “extra political commentary than factual analysis.”
“A CBDC is a digital greenback issued by the Federal Reserve, whereas the GENIUS Act regulates non-public stablecoins and retains them obvious from authorities cash,” he advised Decrypt.
Perry successfully-known that the GENIUS Act explicitly says that stablecoins “are now not securities, now not bank deposits, and now not central bank cash.”
“Some folks distress that regulated stablecoins might presumably well additionally fabricate capabilities an impartial like a digital greenback, nonetheless that does now not procure them a lend a hand-door CBDC,” he added.
The Trump Administration vs CBDCs
Greene is one in every of a decision of Republican lawmakers who occupy spoken out in opposition to CBDCs. As some distance lend a hand as 2022, Senator Ted Cruz (R-TX), claimed they are going to be ancient as a “monetary surveillance tool by the federal authorities,” drawing parallels with the insurance policies of the Chinese language Communist Birthday celebration (CCP).
