H.R. 1919

Anti-CBDC Surveillance State Act

Sponsor: Tom Emmer

135 cosponsors
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Official summary

Written by the Congressional Research Service.

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.

Text of the bill

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