lmao literally from the Executive Order: "The United States derives significant economic and national security benefits from the central role that the United States dollar and United States financial institutions and markets play in the global financial system. Continued United States leadership in the global financial system will sustain United States financial power and promote United States economic interests."

Like damn, somebody missed the fucking point lol

And then it says they want to promote digital assets that "includes privacy and security in their architecture, integrates features and controls that defend against illicit exploitation" You can't do both privacy and monitoring for illegal activity. So basically they want a money they can control. True neutral is not good in their eyes lol

So then we got "Sovereign money is at the core of a well-functioning financial system, macroeconomic stabilization policies, and economic growth. My Administration places the highest urgency on research and development efforts into the potential design and deployment options of a United States CBDC."

The federal reserve has been working with MIT to create a CBDC (MIT's OpenCBDC: https://dci.mit.edu/opencbdc) and the federal reserve has its on sort of "White Paper" on a CBDC ("Money and Payments: The U.S. Dollar in the Age of Digital Transformation": https://www.federalreserve.gov/publications/money-and-payments-discussion-paper.htm) and so this executive order mandates within 180 days (September 2, 2022) that agencies create even more reports.

So I think that's really what this executive order is about. Making it as difficult as possible to use anything other than the slave money that is a CBDC. The problem is, they fail to understand that Bitcoin's success is no as much about being a digital way to do money transfers, as it is its own asset which is neutral, not subject to the whims of politics, and so battle hardened that its dang near impossible to attack. These are the features that governments see as problems with Bitcoin, but they're actually the exact features that will bring it to victory and world wide adoption.

Lowering Bitcoin's energy consumption is literally an attempt to hack at Bitcoin's security, but because Bitcoin mining is so modular, it won't work. The miners will just move where ever its profitable. All this will be is the US shooting itself in the foot, limiting its own ability to collect taxes. Tick tock next block.

any lobbying groups working on this?

I can almost guarantee their findings will find that the US government needs more power and money :)