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Analyze HR1122 - CBDC Anti-Surveillance State Act

HR1122

CBDC Anti-Surveillance State Act

This bill, known as the "CBDC Anti-Surveillance State Act," aims to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. It prohibits Federal Reserve banks from offering products or services, or maintaining accounts, directly for individuals. Additionally, it restricts the Federal Reserve Board and the Federal Open Market Committee from using any CBDC for monetary policy purposes and mandates quarterly reports to Congress on any CBDC studies or pilot programs.

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Analyze HR1122 - CBDC Anti-Surveillance State Act | DoTheySupportIt

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