The record

LegislationLegislation· Jun 2024
HR 5403

Sponsored by Tom Emmer (R)

CBDC Anti-Surveillance State Act

Would have barred the Federal Reserve from issuing a central bank digital currency (CBDC), or digital dollar, to people.

Tradeoff

Would have blocked the Federal Reserve from offering a digital dollar to people directly. Also would have banned using it for monetary policy and testing it.

What's in it

See official bill text

The House passed this bill 216-192 on May 23, 2024. The Senate never voted on it before the Congress ended, so the bill expired.

  1. House

    Introduced

    (Sep 12, 2023)

  2. House

    Committee on Financial Services(Sep 12, 2023)

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 27 - 20(Sep 20, 2023)

    Committee report H. Rept. 118-493.

  4. House

    Passage of the bill

    Passed(Roll #230 · May 23, 2024)

    216 yeanay 192
  5. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(Jun 3, 2024)

Passage votes· May 23, 2024· 118th Congress · 2023–2025