Sponsored a bill on
- Bill
- To amend the FISA Amendments Act of 2008 to extend the authorities of title VII of the Foreign Intelligence Surveillance Act of 1978, and for other purposes.
- Details
- This legislation extends intelligence surveillance authorities while introducing a specific prohibition on the issuance of a central bank digital currency (CBDC) by the Federal Reserve. The bill restricts the Federal Reserve System from creating or issuing a CBDC, or any substantially similar digital asset, directly or through intermediaries. Notably, it carves out an exception to explicitly permit dollar-denominated currencies that are open, permissionless, private, and preserve physical cash-like privacy protections.
Very Pro-CryptoAdd commentary on this bill