S. 3801 · 118th Congress · Senate

CBDC Anti-Surveillance State Act

Active· Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced
Feb 26, 24
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.

Action Timeline

2
  1. FEB 26, 2024IntroReferral

    Introduced in Senate

  2. FEB 26, 2024IntroReferral

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

Committees

1

Banking, Housing, and Urban Affairs Committee

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Referred: Feb 26, 2024

Active