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

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Status

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

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.

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Timeline

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Votes

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Introduced in Senate (text)
Introduced in Senate · EN · 30 March 2022
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Introduced in Senate (PDF)
Introduced in Senate · EN · 30 March 2022
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Introduced in Senate
summary · EN · 30 March 2022
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Related records

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Sources

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Official source: https://www.congress.gov/bill/117th-congress/senate-bill/3954
Open data entity: https://api.congress.gov/v3/bill/117/s/3954