Anti-CBDC Surveillance State Act
In progressAnti-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.
Jul 17, 2025Motion to reconsider laid on the table Agreed to without objection.
Passed
The Anti-CBDC Surveillance State Act aims to amend the Federal Reserve Act to prohibit Federal Reserve banks from offering central bank digital currencies (CBDCs) directly or indirectly to individuals and restricts the Federal Reserve from using CBDCs for monetary policy. The bill emphasizes privacy and limits the Federal Reserve's authority without explicit Congressional approval.