Testing Environment

CBDC Anti-Surveillance State Act

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.

Sep 12, 2023

https://www.congress.gov/bill/118th-congress/house-bill/5403
Somewhat pro-crypto

Analysis

Emmer’s primary motivations stem from worries over broad monitoring of financial transactions. The lawmaker previously stated that CBDCs are “government-controlled programmable money that, if not designed to emulate cash, could give the federal government the ability to surveil Americans' transactions and choke out politically unpopular activity."

https://www.theblock.co/post/296361/us-house-of-representatives-pass-republican-led-anti-cbdc-bill-along-partisan-lines

Add Analysis

See how politicians voted

Sponsors

Co-Sponsors

Voted for

Voted against