A top Fed official says digital currency may be the money equivalent of parachute pants.
Comparing central bank digital currencies to fads, the Fed’s vice chair for supervision said the case for a digital dollar must clear a “high bar.” https://nyti.ms/3dos7FI
The Orion capsule’s splashdown in the Pacific Ocean moved NASA into the next stages of the Artemis program, which will rely on Elon Musk’s rocket company to build a moon lander for astronauts. https://nyti.ms/3YcuUYn
Some of the industry’s critics are skeptical, however, about a new flexibility to changes to Section 230 of the Communications Decency Act. https://nyti.ms/34ey2si
A committee took its first vote in the early afternoon, advancing a bill that would increase the money companies pay government agencies when getting some mergers approved. https://nyti.ms/3d7WhN7
