Legis Daily

CBDC Anti-Surveillance State Act

USA118th CongressS-3801| Senate 
| Updated: 2/26/2024
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (10)
Rick Scott (Republican)Mike Braun (Republican)Roger Marshall (Republican)Katie Boyd Britt (Republican)Cindy Hyde-Smith (Republican)Eric Schmitt (Republican)J. D. Vance (Republican)Kevin Cramer (Republican)Bill Hagerty (Republican)Ted Budd (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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 prohibited from using a central bank digital currency to implement monetary policy or from issuing a central bank digital currency.
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Timeline
Feb 26, 2024
Introduced in Senate
Feb 26, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 3, 2024

Latest Companion Bill Action

HR 118-5403
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • February 26, 2024
    Introduced in Senate


  • February 26, 2024
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • June 3, 2024

    Latest Companion Bill Action

    HR 118-5403
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

CBDC Anti-Surveillance State Act

USA118th CongressS-3801| Senate 
| Updated: 2/26/2024
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 prohibited from using a central bank digital currency to implement monetary policy or from issuing a central bank digital currency.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 26, 2024
Introduced in Senate
Feb 26, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 3, 2024

Latest Companion Bill Action

HR 118-5403
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • February 26, 2024
    Introduced in Senate


  • February 26, 2024
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • June 3, 2024

    Latest Companion Bill Action

    HR 118-5403
    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (10)
Rick Scott (Republican)Mike Braun (Republican)Roger Marshall (Republican)Katie Boyd Britt (Republican)Cindy Hyde-Smith (Republican)Eric Schmitt (Republican)J. D. Vance (Republican)Kevin Cramer (Republican)Bill Hagerty (Republican)Ted Budd (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted