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5.0 Questions and Responses

OMG Responses to Federal Reserve Discussion Paper

The actual OMG response to the 22 direct questions posed in the White Paper. These are linked to other sections of the OMG response such as the Common Elements and also other questions. The OMG responded to all the questions, however, a few were felt to be beyond the scope of what the OMG members could respond to.

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Overview

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The Federal Reserve posted a white paper in January 2022. The white paper requested comments on 22 questions posted in the Money and Payments: The U.S. Dollar in the Age of Digital Transformation. The following discussion follows the original outlined provided in the White Paper. The questions are divided into two broad categories:

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The following sections are the responses to the questions posted in the Object Management Group (OMG) .

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