According to CryptoPotato, Florida Governor and US Presidential candidate Ron DeSantis has unveiled a 'Declaration of Economic Independence' that outlines some of the biggest financial challenges America currently faces. The declaration focuses on improving Americans' financial well-being and reinforcing the United States as the most dominant economy. DeSantis also pledged to let the cryptocurrency industry thrive and not allow the launch of a central bank digital currency (CBDC).
DeSantis, running for President from the Republican side, has been one of the most vocal crypto supporters among all the candidates. His declaration touches upon America's current issues and his propositions for solving them, including keeping taxes low, reducing inequality in society, making the cost of living more affordable, and limiting illegal immigration.
DeSantis vowed to strengthen the US banking sector by requiring 'clear language disclosures of shadow banks to increase transparency and better track systemic risks.' He also promised to replace Federal Reserve Chairman Jerome Powell with someone who will aim at 'maintaining a stable dollar instead of the political pressures of the day.' DeSantis pledged to work against the possible creation of a CBDC by blocking any attempts by the Fed in this field, while supporting the advancement of the cryptocurrency industry and ceasing the 'politically driven debanking and financial doxing.'
Earlier this summer, DeSantis criticized President Joe Biden for waging a 'war on Bitcoin' and promised to end this hostile approach should he become the next political leader of the nation. He previously argued that the only reason why the government is against the crypto sector is because they cannot control it.