To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes.
Sponsors
Legislative Progress
Passed HouseAdditional sponsors: Mr. Goldman of Texas, Mr. Bentz, Mr. Moore …
Reported with an amendment, committed to the Committee of the …
Passed House (inferred from eh version)
Mr. Emmer (for himself, Mr. Hill of Arkansas, Mr. Moolenaar, …
On Passage
Anti-CBDC Surveillance State Act
Summary
What This Bill Does
Prohibits Federal Reserve banks from offering products/services directly to individuals, maintaining individual accounts, or issuing a central bank digital currency (CBDC) directly or indirectly.
Who Benefits and How
Privacy advocates gain protection from government-tracked digital currency. Private sector retains financial services role. Decentralized finance interests are protected.
Who Bears the Burden and How
Federal Reserve cannot develop CBDC. Those favoring government digital currency see option foreclosed.
Key Provisions
- No Fed products/services directly to individuals
- No individual accounts at Fed banks
- No CBDC issuance directly or indirectly
- Covers similar digital assets under any name
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Prohibits Federal Reserve from issuing central bank digital currency
Policy Domains
Legislative Strategy
"Prevent government surveillance through digital currency"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology