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H.R. 2211

Central Bank Digital Currency Study Act of 2021

Central Bank Digital Currency Study Act of 2021

This bill requires the Board of Governors of the Federal Reserve System to report on the impacts of the introduction of a central bank digital currency (CBDC) on consumers, businesses, monetary policy, and the U.S. financial system. Several countries are currently developing CBDCs in response to the growth of privately issued digital currencies such as Bitcoin.

Referred to the House Committee on Financial Services.

Rep. Foster, Bill [D-IL-11](D-IL)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions16subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Central Bank Digital Currency Study Act of 2021 — Informed