The ECASH Act

On 3/28/2022, Rep.'s Lynch (Chair, Fintech Task Force), García, Pressley, & Tlaib introduced H.R. 7231, The Electronic Currency And Secure Hardware (ECASH) Act.

[The ECASH Act @ecashact]

Here is the full legislative text of the Electronic Currency and Secure Hardware (ECASH) Act, introduced on March 28th, 2022 by @RepLynch Chair of the @FSCDems's Fintech Task Force, cosponsored by @RepChuyGarcia, @RepRashida, @RepPressley, & @RepAdams:

https://t.co/EpTdGZr5rz

[Stephanie Kelton @StephanieKelton]

For years, people have tried to argue that a big knock on MMT is that it relies on politically impossible/unpopular tax increases to bring down inflation. No honest actor would ever make this claim. Here’s just one example of the countless times we’ve addressed this straw man.

[The ECASH Act @ecashact]

From @youellog at @PositiveMoneyUK:

https://t.co/w51B4o6vpf

[The ECASH Act @ecashact]

A thread on media coverage of the #ECASHAct introduced today by @RepLynch, @RepChuyGarcia, @RepPressley, & @RepRashida, which directs the Treasury to issue a privacy-respecting, hardware-secured form of a digital dollar.

Official website here:

https://t.co/DLkcDKVOkq

[The ECASH Act @ecashact]

From @RaulACarrillo at @thepublicmoney:

https://t.co/v975qSUrgd

[The ECASH Act @ecashact]

An interview with @RepStephenLynch about the #ECASHAct on @CoinDesk:

https://t.co/gx59sMDszO

[The ECASH Act @ecashact]

Here is the full legislative text of the Electronic Currency and Secure Hardware (ECASH) Act, introduced on March 28th, 2022 by @RepLynch Chair of the @FSCDems's Fintech Task Force, cosponsored by @RepChuyGarcia, @RepRashida, @RepPressley, & @RepAdams:

https://t.co/EpTdGZr5rz

[The ECASH Act @ecashact]

From @RepPressley:

https://t.co/UFmmypbOBc