CBDC Anti-Surveillance State Act

Summary

CBDC Anti-Surveillance State Act This bill limits the ability of the Federal Reserve to (1) provide direct services to individuals, and (2) use a central bank digital currency. A central bank digital currency is a digital currency (e.g., Bitcoin or Ether) issued by a government-backed central bank. Specifically, the bill prohibits the Federal Reserve and the Federal Open Market Committee from using any central bank digital currency to implement monetary policy. In addition, a Federal Reserve bank is prohibited from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency directly to an individual. The Federal Reserve must (1) consult with each Federal Reserve bank with respect to any central bank digital currency study or pilot program, and (2) issue quarterly reports on the findings and determinations of any such study or program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 February 2023

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 21 February 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 February 2023

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 February 2023 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 February 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 February 2023

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 21 February 2023

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Emmer, Tom [R-MN-6] · R · Sponsor
• Rep. Hill, J. French [R-AR-2] · R · Sponsor
• Rep. Davidson, Warren [R-OH-8] · R · Sponsor
• Rep. Flood, Mike [R-NE-1] · R · Sponsor
• Rep. Norman, Ralph [R-SC-5] · R · Sponsor
• Rep. Donalds, Byron [R-FL-19] · R · Sponsor
• Rep. Biggs, Andy [R-AZ-5] · R · Sponsor
• Rep. Loudermilk, Barry [R-GA-11] · R · Sponsor
• Rep. Sessions, Pete [R-TX-17] · R · Sponsor
• Rep. Kim, Young [R-CA-40] · R · Sponsor
• Rep. Mace, Nancy [R-SC-1] · R · Cosponsor
• Rep. Fitzgerald, Scott [R-WI-5] · R · Cosponsor
• Rep. Steil, Bryan [R-WI-1] · R · Cosponsor
• Rep. Bacon, Don [R-NE-2] · R · Cosponsor
• Rep. Bost, Mike [R-IL-12] · R · Cosponsor
• Rep. Pfluger, August [R-TX-11] · R · Cosponsor
• Rep. Van Drew, Jefferson [R-NJ-2] · R · Cosponsor
• Rep. Luna, Anna Paulina [R-FL-13] · R · Cosponsor
• Rep. Kiley, Kevin [R-CA-3] · R · Cosponsor
• Rep. Yakym, Rudy [R-IN-2] · R · Cosponsor
• Rep. Duncan, Jeff [R-SC-3] · R · Cosponsor
• Rep. Lesko, Debbie [R-AZ-8] · R · Cosponsor
• Rep. Brecheen, Josh [R-OK-2] · R · Cosponsor
• Rep. Grothman, Glenn [R-WI-6] · R · Cosponsor
• Rep. Timmons, William R. [R-SC-4] · R · Cosponsor
• Rep. Posey, Bill [R-FL-8] · R · Cosponsor
• Rep. Greene, Marjorie Taylor [R-GA-14] · R · Cosponsor
• Rep. Rouzer, David [R-NC-7] · R · Cosponsor
• Rep. Cloud, Michael [R-TX-27] · R · Cosponsor
• Rep. Scott, Austin [R-GA-8] · R · Cosponsor
• Rep. Rogers, Mike D. [R-AL-3] · R · Cosponsor
• Rep. Miller, Mary E. [R-IL-15] · R · Cosponsor
• Rep. Smith, Christopher H. [R-NJ-4] · R · Cosponsor
• Rep. Valadao, David G. [R-CA-22] · R · Cosponsor
• Rep. Self, Keith [R-TX-3] · R · Cosponsor
• Rep. Reschenthaler, Guy [R-PA-14] · R · Cosponsor
• Rep. Jackson, Ronny [R-TX-13] · R · Cosponsor
• Rep. Gosar, Paul A. [R-AZ-9] · R · Cosponsor
• Rep. Fallon, Pat [R-TX-4] · R · Cosponsor
• Rep. Weber, Randy K. Sr. [R-TX-14] · R · Cosponsor
• Jake LaTurner · R · Cosponsor
• Rep. Meuser, Daniel [R-PA-9] · R · Cosponsor
• Rep. Kean, Thomas H. [R-NJ-7] · R · Cosponsor
• Rep. Franklin, Scott [R-FL-18] · R · Cosponsor
• Rep. Mills, Cory [R-FL-7] · R · Cosponsor
• Rep. Letlow, Julia [R-LA-5] · R · Cosponsor
• Rep. Hern, Kevin [R-OK-1] · R · Cosponsor
• · hsba00 · Standing

Related records

• related to ← A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, and for other purposes.