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H.R. 1919119th CongressFinance and Financial Sector

Anti-CBDC Surveillance State Act

Sponsored by Tom Emmer

Latest action

Motion to reconsider laid on the table Agreed to without objection.

Jul 17, 2025

AI-generated summaryOfficial source

This bill prohibits Federal Reserve banks from offering products or services directly to individuals, maintaining individual accounts, or issuing a central bank digital currency (digital dollar). It also prohibits the Federal Reserve Board of Governors from using, testing, studying, creating, or implementing a central bank digital currency for monetary policy purposes, subject to certain exceptions specified in the bill.

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Official summary (CRS)

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.

Roll-call votes on this bill (1)