Anti-CBDC Surveillance State Act
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Topic: Finance and Financial Sector
Sponsor: Rep. Emmer, Tom [R-MN-6] (R) - MN
Summary
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.
Legislative Subjects
Bank accounts, deposits, capital; Computers and information technology; Currency; Digital media; Finance and Financial Sector; Financial services and investments
Latest Action
Motion to reconsider laid on the table Agreed to without objection.
2025-07-17
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