Anti-CBDC Surveillance State Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, Anti-CBDC Surveillance State Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Immigration.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H1C30E8E3688A4997A993588B5DC148A6: 1. Short title This Act may be cited as the Anti-CBDC Surveillance State Act.
- Section H7CD8E6BA876547CC9FBC3E0804887158: 2. Prohibition on Federal reserve banks relating to certain products or services for individuals and prohibition on directly issuing a central bank digital...
- Section HCBF791666FCB43668E187F78981C3179: 3. Prohibition on Federal reserve banks indirectly issuing a central bank digital currency Section 16 of the Federal Reserve Act (12 U.S.C. 411 et seq.), as...
- Section H0B84C51B729048F8B0B5BA2E8B316B83: 4. Prohibition with respect to central bank digital currency Section 10 of the Federal Reserve Act (12 U.S.C. 241 et seq.) is amended by inserting before...
- Section H72CDD9B84EA7437FA94E0C3DAC523B4C: 5. Sense of Congress It is the sense of Congress that the Board of Governors of the Federal Reserve does not have the authority to issue a central bank digital...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, Anti-CBDC Surveillance State Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Immigration
Primary Purpose
This bill, Anti-CBDC Surveillance State Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
In CommitteeMr. Cruz (for himself, Mr. Budd, Mr. Cramer, and Mr. …
Read twice and referred to the Committee on Banking, Housing, …
Introduced in Senate
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
Key Definitions
Terms defined in this bill
a form of digital money or monetary value that is—(i)denominated in the national unit of account
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