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

21 March 2023

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.

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

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 · 21 March 2023
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Introduced in Senate (PDF)
Introduced in Senate · EN · 21 March 2023
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Introduced in Senate
summary · EN · 21 March 2023
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Related records

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Sources

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Official source: https://www.congress.gov/bill/118th-congress/senate-bill/887
Open data entity: https://api.congress.gov/v3/bill/118/s/887