H.R. 5403 – CBDC Anti-Surveillance State Act
Thursday, May 23, 2024
PASSED 216-192
Agreed to by Recorded Vote
Ogles #1 – Adds a sense of Congress that the Board of Governors of the Federal Reserve System and the Federal Open Market Committee should not be permitted to develop, create, or implement a central bank digital currency, or use any such tool to implement monetary policy AGREED TO 204-176
Mooney #2 – Prohibits the Federal Reserve's Central Bank Digital Currency (CBDC) pilot programs AGREED TO 206-193
Davidson #3 – Ensures the Federal Reserve Bank cannot design, build, develop, establish, or issue a CBDC. Ensures the Treasury Department cannot direct the Federal Reserve Bank to do any of the above actions AGREED TO 212-195