“Britcoin”: U.K. considers digital currency
Share Now on:
As the U.K. looks into a central bank-backed digital currency, how is the Federal Reserve approaching the idea in the U.S.? Plus, the House passes a bill on the relationship between cannabis businesses and banks. And, a plastics ban in Mexico City raises questions about women’s access to female sanitary products.
Segments From this episode
The U.K. is looking into digital currency. What about the U.S.?
We speak with Karen Petrou, co-founder of Federal Financial Analytics. She said that Federal Reserve Chair Jerome Powell "has very cautiously said that the Fed is open to it, but it will not rush into it." Petrou explains that Powell is taking this approach because of how critical the U.S. dollar is to both the country and the world, and therefore "a central bank digital currency based on the dollar has got to be really, really sound."
House approves cannabis banking bill
Most banks shy away from letting cannabis businesses open accounts, fearful they could run afoul of federal laws.
In Mexico City, a plastics ban prompts debate over women's access to tampons
Women's rights advocates say the plastics ban leaves low-income women with few options.
David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Brian Allison Engineer
Meredith Garretson Senior Producer
Erika Soderstrom Producer
Rose Conlon Producer
Alex Schroeder Producer