Executive Order 14178 represents a significant expansion of executive power over financial technology, with implications for authoritarian governance, constitutional limits, and democratic norms. The centralization of regulatory authority through the working group and the prohibition of CBDCs signal a shift toward state control over financial systems. While the order may fall within constitutional bounds, its potential to undermine regulatory transparency, erode democratic accountability, and consolidate power raises serious concerns. Historical precedents suggest this model could mirror past patterns of centralized economic control, but its impact depends on implementation and oversight mechanisms.