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S. 1124

Anti-CBDC Surveillance State Act

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.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Cruz, Ted [R-TX](R-TX)Sponsor
8 cosponsors8 R
8cosponsors1committees2actions1related bills
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Anti-CBDC Surveillance State Act — Informed