The FED will do things on its own timetable if it can help it. Sadly, Congress may disrupt that timetable and initiate a chain reaction which may be unstoppable. I'm no fan of the FED, at least the FED knows how to manage its self-interest in a sensible way. Congress, no way.
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It is going to be hard for Congress to push that through if The Fed is publicly against it.
There is also the commercial banking system to consider. That will be obliterated by a CBDC since there is little reason to keep money in a bank when there is a digital wallet.
The banking industry has a very powerful lobby.
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