H.R. 5403 · 118th Congress · Finance and Financial Sector
CBDC Anti-Surveillance State Act
What it does
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) directly or indirectly to an individual. 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 issuing a central bank digital currency.
Summary by the Congressional Research Service, May 7, 2024 (Reported to House). CRS summarizes bills impartially; it does not take positions.
Roll call votes
| Date | Question | Party split (yea) | Result |
|---|---|---|---|
| May 23, 2024 House roll 945 |
On Agreeing to the Amendment | D 3–176 · R 201–0 |
Passed 204–176 |
| May 23, 2024 House roll 946 |
On Agreeing to the Amendment | D 2–191 · R 204–2 |
Passed 206–193 |
| May 23, 2024 House roll 947 |
On Agreeing to the Amendment | D 2–195 · R 210–0 |
Passed 212–195 |
| May 23, 2024 House roll 948 |
On PassageCBDC Anti-Surveillance State Act | D 3–192 · R 213–0 |
Passed 216–192 |
Latest action
Jun 3, 2024 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.