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S1124Referred to Committee

Anti-CBDC Surveillance State Act

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-03-25
Introduced
8
Cosponsors
S
ⓘ
Type

Sponsor

Ted Cruz
Ted Cruz
Republican · TX · Senator
Votes with party: 75.7% (868 recorded votes)
Top industries funding sponsor:
  • Conservative Groups$464k

Full profile: /officials/C001098

Source: Congress.gov · FEC

Cosponsors (8)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

  • Kevin Cramer (R-ND)Original· 2025-03-25
  • Ted Budd (R-NC)Original· 2025-03-25
  • Thom Tillis (R-NC)Original· 2025-03-25
  • Bernie Moreno (R-OH)· 2025-04-03
  • Cynthia M. Lummis (R-WY)· 2025-07-16
  • Jon Husted (R-OH)· 2026-01-08
  • Bill Hagerty (R-TN)· 2026-02-09
  • Rick Scott (R-FL)· 2026-05-11

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2025-03-25

Source: Congress.gov

Committee Activity

Previously

  • Senate Committee on Banking, Housing, and Urban AffairsReferred To · 2025-03-25

Plain-English Summary

Anti-CBDC Surveillance State Act This bill 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). Further, 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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Finance and Financial Sector
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

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Bills by the same sponsor or covering overlapping subjects.

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