Bill117th CongressFiled Mar 30, 2022Finance and Financial Sector
S. 3954
A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
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Under committee review
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What it doesSummary introduced in senate (Mar 30, 2022)
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 directly to an individual.
What just happenedMar 30, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Cruz, Ted [R-TX](R-TX)Sponsor
2 cosponsors2 R
2cosponsors1committees2actions1related bills
- Introduced in SenateMar 30, 2022
- Mar 30, 2022IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Mar 30, 2022IntroReferral10000
Introduced in Senate