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S. 1124119th CongressIN COMMITTEEREPUBLICAN

Anti-CBDC Surveillance State Act

Introduced Mar 25, 2025Ted Cruz (R-TX)8 cosponsorsSource

Summary

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.

Related bills

Bill text versions

Legislative Journey

  1. Introduced
  2. Committee
  3. Floor
  4. Passed Chamber 1
  5. Passed Chamber 2
  6. Signed
Mar 25, 2025

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

Senate
Mar 25, 2025

Introduced in Senate