S 1124 119th Congress
Anti-CBDC Surveillance State Act
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Summary
Anti-CBDC 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). 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.
Actions
2025-03-25T00:00:00
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2025-03-25T00:00:00
Introduced in Senate
Policy Areas
Finance and Financial Sector
![Sen. Cruz, Ted [R-TX]](https://bioguide.congress.gov/bioguide/photo/C/C001098.jpg)