Power of the Mint Act This bill prohibits the Board of Governors of the Federal Reserve from issuing a central bank digital currency. Further, the Department of the Treasury is prohibited from directing the board to issue a central bank digital currency.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Sponsor introductory remarks on measure. (CR H2383)
Introduced in House
Referred to the House Committee on Financial Services.
Sponsor introductory remarks on measure. (CR H2383)
Finance and Financial Sector
Power of the Mint Act
USA118th CongressHR-3402| House
| Updated: 5/17/2023
Power of the Mint Act This bill prohibits the Board of Governors of the Federal Reserve from issuing a central bank digital currency. Further, the Department of the Treasury is prohibited from directing the board to issue a central bank digital currency.