An amendment numbered 3 printed in Part C of House Report 118-516 to ensure the Federal Reserve Bank cannot design, build, develop, establish, or issue a CBDC. Ensures the Treasury Department cannot direct the Federal Reserve Bank to do any of the above actions.

Ask AI
Amendment Number
926
Description
An amendment numbered 3 printed in Part C of House Report 118-516 to ensure the Federal Reserve Bank cannot design, build, develop, establish, or issue a CBDC. Ensures the Treasury Department cannot direct the Federal Reserve Bank to do any of the above actions.
Purpose
Amendment prohibits the Federal Reserve Bank and the Treasury Department from designing, building, developing, establishing, or issuing a Central Bank Digital Currency (CBDC).
Congress
118
Type
HAMDT
Latest Action Date
May 23, 2024
Latest Action Text
On agreeing to the Davidson amendment (A003) Agreed to by recorded vote: 212 - 195 (Roll no. 229).
Latest Action Time
13:44:15
Submitted Date
May 23, 2024
Chamber
House of Representatives
Update Date
May 13, 2025
Amendment 926 — Informed