HR 1919 - Anti-CBDC Surveillance State Act - National Key Vote

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Title: Anti-CBDC Surveillance State Act

Vote Smart's Synopsis:

Vote to pass a bill that 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).

Highlights:

  • 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) (Sec. 2).

  • Specifies that 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 (Sec. 2).

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