S. 1124
119th Congress
Anti-CBDC Surveillance State Act
8
Cosponsors
2
Actions
0
Amendments
0
Committees
—
Since introduced
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
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
25 March 2025 · IntroReferral
Introduced in Senate
25 March 2025 · IntroReferral
Sponsorship
8 cosponsors
Sponsor
Republican:Sen. Cruz, Ted [R-TX]TXCosponsors
- Republican8100%
- Republican:Sen. Scott, Rick [R-FL]FL
- Republican:Sen. Hagerty, Bill [R-TN]TN
- Republican:Sen. Husted, Jon [R-OH]OH
- Republican:Sen. Lummis, Cynthia M. [R-WY]WY
- Republican:Sen. Moreno, Bernie [R-OH]OH
- Republican:Sen. Budd, Ted [R-NC]NC
- Republican:Sen. Tillis, Thomas [R-NC]NC
- Republican:Sen. Cramer, Kevin [R-ND]ND
Classification
Policy area
Finance and Financial SectorCosponsor momentum
Cumulative over time
Cosponsors grew from 3 on 25 March 2025 to 8 on 11 May 2026.
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