CBDC Anti-Surveillance State Act

Summary

Official

CBDC Anti-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) directly or indirectly to an individual. Further, The Board of Governors of the Federal Reserve System is...

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Bill Progress

Bill has been introduced and assigned a number

Introduced(2/26/24)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Cruz

Senate (R) Texas

Cosponsors (10)

Vance

(R) OH

Marshall

Senate (R) Kansas

Budd

Senate (R) North Carolina

Britt

Senate (R) Alabama

Hyde-Smith

Senate (R) Mississippi

Schmitt

Senate (R) Missouri

Scott

Senate (R) Florida

Cramer

Senate (R) North Dakota

Braun

(R) IN

Hagerty

Senate (R) Tennessee

Latest Action

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

Feb 26, 2024