: In March 2026, the U.S. Senate approved legislation effectively blocking the Fed from launching any form of CBDC until at least 2031 .
: The Fed has pivoted toward expanding oversight of existing digital assets, fintech, and the further rollout of the FedNow real-time payment system . WEF Perspective and Activity FED & WEF Reveal CBDC Plan
: On March 27, 2026, the Federal Reserve confirmed it had suspended CBDC research and development . : In March 2026, the U
: The WEF continues to advocate for "public-private cooperation" on digital currency frameworks but does not have the authority to issue or mandate a U.S. digital dollar . WEF Perspective and Activity : On March 27,
As of April 2026, the Federal Reserve (Fed) has and confirmed there are no ongoing plans to issue a digital dollar .
: Fed Chair Jerome Powell and other officials stated that the central bank lacks the legal authority to issue a CBDC without a direct mandate from Congress .
Contrary to claims of a joint "reveal," current reports indicate that the Fed and World Economic Forum (WEF) have different priorities regarding digital assets: Federal Reserve Status