Legis Daily

A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.

USA118th CongressS-887| Senate 
| Updated: 3/21/2023
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (3)
Rick Scott (Republican)Mike Braun (Republican)Chuck Grassley (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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 directly to an individual.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 117-3954
A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
Mar 21, 2023
Introduced in Senate
Mar 21, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  • Bill from Previous Congress

    S 117-3954
    A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
  • March 21, 2023
    Introduced in Senate
  • March 21, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 118-1122: CBDC Anti-Surveillance State Act

A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.

USA118th CongressS-887| Senate 
| Updated: 3/21/2023
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 directly to an individual.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 117-3954
A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
Mar 21, 2023
Introduced in Senate
Mar 21, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  • Bill from Previous Congress

    S 117-3954
    A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.
  • March 21, 2023
    Introduced in Senate
  • March 21, 2023
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Ted Cruz

Ted Cruz

Republican Senator

Texas

Cosponsors (3)
Rick Scott (Republican)Mike Braun (Republican)Chuck Grassley (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 118-1122: CBDC Anti-Surveillance State Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted