Anti-CBDC Surveillance State Act
Click any stage to learn more about the legislative process.
Finance and Financial Sector
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.
Questions, answered
Ask questions about this bill. The AI can look up referenced laws and statutes to provide context. Try:
- “What existing laws does this bill amend?”
- “What are the main provisions of this bill?”
- “Who would be affected by this legislation?”