WASHINGTON, March 12 -- Sen. Ted Cruz issued the following press release:
U.S. Sen. Ted Cruz (R-Texas) released the following statement after voting against the 21st Century ROAD to Housing Act:
"Lowering housing costs for all Americans is a priority for this Republican Congress, but this bill falls far short of that goal.
"Although this legislation prevents the Federal Reserve from issuing a central bank digital currency (CBDC), it only pauses the development until December 31, 2030. My Anti-CBDC Act takes the correct approach by permanently prohibiting the Federal Reserve from ever issuing a CBDC, directly or indirectly.
"I agree with President Trump that large banks should not be buying single-family homes. Unfortunately, this legisl...