S. 1124

119th Congress

In Committee

Anti-CBDC Surveillance State Act

Sponsored byRepublican:Sen. Cruz, Ted [R-TX]TX· Introduced 25 March 2025

8

Cosponsors

2

Actions

0

Amendments

0

Committees

Since introduced

Introduced
Committee
Passed Chamber
Passed Both
Enacted
Step 1 of 0
Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

25 March 2025·1 year ago

Summary

Introduced in Senate · Updated 15 January 2026

Anti-CBDC Surveillance State Act 

This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar). Further, the Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.

Timeline

2 actions

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    25 March 2025 · IntroReferral

  2. Introduced in Senate

    25 March 2025 · IntroReferral

Sponsorship

8 cosponsors

Sponsor

Republican:Sen. Cruz, Ted [R-TX]TX

Cosponsors

  • Republican8100%

Classification

Policy area

Finance and Financial Sector

Cosponsor momentum

Cumulative over time

Cosponsors grew from 3 on 25 March 2025 to 8 on 11 May 2026.

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