S. 1124In Committee
Anti-CBDC Surveillance State Act
Prohibit the Federal Reserve from issuing a central bank digital currency or offering retail banking services directly to individuals
Plain-English overview
What this bill does
Prohibit the Federal Reserve from issuing a central bank digital currency or offering retail banking services directly to individuals
Key points
- Prohibit digital dollar issuance
- Prohibit individual Federal Reserve accounts
- Limit CBDC monetary policy use
- Restrict CBDC testing and creation
Current status
Where it stands
Status
In Committee
Latest action
2025-03-25 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedFinance and Financial Sector