S. 3801 · 118th Congress
CBDC Anti-Surveillance State Act
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
CruzSponsor10 cosponsors · 10 R
R
Budd
MB
R
Braun
KC
R
Cramer
BH
R
Hagerty
RS
R
Scott
KB
R
Britt
CH
R
Hyde-Smith
RM
R
Marshall
JD
R
Vance
ES
R
Schmitt5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar) directly or indirectly to an individual.
What it does: CRS summary · Introduced in Senate · Feb 26, 2024
CBDC Anti-Surveillance State Act
This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar) directly or indirectly to an individual. Further, The Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from issuing a central bank digital currency.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: CBDC Anti-Surveillance State Act
Latest action (Feb 26, 2024): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Feb 26, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.