Text of Senate Amendment 4391

On Sun Mar 08, Senator Bill Hagerty (R-TN) delivered a floor speech titled "Text Of Senate Amendment 4391" in the Senate. The speech addressed the economy and also covered housing. It referenced legislation including HR6644, S938.

Text of Senate Amendment 4391

Congressional Record, Volume 172 Issue 43 (Monday, March 9, 2026) [Congressional Record Volume 172, Number 43 (Monday, March 9, 2026)] [Senate] [Page S938] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 4391. Mr. HAGERTY submitted an amendment intended to be proposed to amendment SA 4308 proposed by Mr. Scott of South Carolina (for himself and Ms. Warren) to the bill H.R. 6644, a bill to increase the supply of housing in America, and for other purposes; which was ordered to lie on the table; as follows: In section 16A of the Federal Reserve Act, as added by section 1001 of the amendment, add at the end the following: ``(e) Rule of Construction.--Nothing in this section, including the termination or sunset of this section, shall be construed as granting the Board of Governors of the Federal Reserve System or a Federal reserve bank any authority to issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency directly or indirectly through a financial institution or other intermediary.''. ______