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United States · Bill · S

S. 3954 (117th)

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.

referredUnited States· United States Congress· EN

Introduced

30 March 2022

Last action

30 March 2022 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sen. Cruz, Ted [R-TX], Sen. Braun, Mike [R-IN], Sen. Grassley, Chuck [R-IA]

Subjects

Discovery layer

Source updated

14 January 2025

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 directly to an individual.

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

Timeline

  1. 30 March 2022

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 30 March 2022

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 30 March 2022

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 30 March 2022

    ViewDownloadOpen at official source

    Leesvertaling

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  • Introduced in Senate

    summary · EN · 30 March 2022

    Open at official source

    Leesvertaling

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Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.