Christopher Smart is managing partner of the Arbroath Group, an investment strategy consultancy, and was a senior economic policy adviser in the Obama administration.
The US Congress takes another step towards American “exceptionalism” this week — and not the good kind.
Amid the package of crypto bills that should head to the president’s desk in a few days lurks a ban on a digital dollar. With 72 other countries developing or launching a central bank digital currency and another 35 studying the proposition, what does America’s legislature understand that all these others do not?
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