A bill to amend the Federal Reserve Act to limit the ability of Federal Reserve banks to issue central bank digital currency.
No Central Bank Digital Currency Act or the No CBDC Act
This bill generally prohibits the Federal Reserve Board, Federal Reserve Banks, the Department of the Treasury, and other agencies from issuing or using a central bank digital currency.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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