U.S. Senate passes housing bill that carries four-year ban on a Fed CBDC

Thanks to the newly passed U.S. Senate housing affordability bill, the Federal Reserve may be heading toward a formal ban from instituting a digital dollar in the form of a central bank digital currency (CBDC), despite the fact the Fed wasn't working on such a project.

Republican politicians had embraced an aggressive opposition campaign against the U.S. following in European and Chinese…