Text of Senate Amendment 6771

On 2026-09-15, Senator Jerry Moran (R-KS) delivered a floor speech titled "Text Of Senate Amendment 6771" in the Senate.

Text of Senate Amendment 6771

Congressional Record, Volume 172 Issue 145 (Tuesday, September 15, 2026) [Congressional Record Volume 172, Number 145 (Tuesday, September 15, 2026)] [Senate] [Page S4738] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 6771. Mr. MORAN (for himself, Mr. Reed, Ms. Collins, Mr. Heinrich, Mrs. Hyde-Smith, Mr. King, Mr. Curtis, Ms. Smith, Mr. Cornyn, and Ms. Murkowski) submitted an amendment intended to be proposed by him to the bill H.R. 3633, 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; which was ordered to lie on the table; as follows: In section 10404(b)(1), strike ``economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit'' and insert ``substantially similar to the manner in which depository institutions pay interest or yield''. In section 10404(c)(1)(A), strike ``solely''. Amend section 10404(c)(1)(B) to read as follows: (B) in a manner that is substantially similar to the manner in which depository institutions pay interest or yield. In section 10404(c)(2)(A), strike ``economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit'' and insert ``made in a manner that is substantially similar to the manner in which depository institutions pay interest or yield''. In section 10404(c)(2)(B), strike ``that is economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit'' and insert ``in a manner that is substantially similar to the manner in which depository institutions pay interest or yield''. In section 10404(c)(3)(A), in the second sentence, strike ``economically or functionally equivalent to the payment of interest or yield on an interest-bearing bank deposit'' and insert ``made in a manner that is substantially similar to the manner in which depository institutions pay interest or yield''. Strike section 10404(c)(3)(B). In section 10404(c)(3), redesignate subparagraph (C) as subparagraph (B). ______