Bill Detail
S. 1124
Congress: 119
Title
Anti-CBDC Surveillance State Act
Summary
Anti-CBDC 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). 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 testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.
Sponsor
Sen. Ted Cruz [R-TX]
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Status as of Jul 28, 10:13 PM · synced 16d ago
Introduced
2025-03-25
Data source mode: congress-gov
Bill Engagement
Anti-CBDC 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…
Lobbyists on the case
- American Bankers Association5 filings · 26 lobs
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