H.R. 1919 · Passed House · Finance and Financial Sector

Anti-CBDC Surveillance State Act

Sponsor: Tom Emmer (R-MN)

What it does

• Prohibits a Federal Reserve bank from offering products or services directly to individuals or maintaining accounts for them.
• Prohibits a Federal Reserve bank from issuing a central bank digital currency.
• Bars the Federal Reserve Board from using a central bank digital currency to implement monetary policy.
• Bars the board from testing, studying, creating, or implementing a central bank digital currency, with exceptions provided in the bill.

Official 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.

Latest action

Jul 17, 2025: Motion to reconsider laid on the table Agreed to without objection.

Committee: House Financial Services