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S. 1124 — Anti-CBDC Surveillance State Act — Project Euthyna

The public record · 119th Congress

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.

Other titles

the names this measure carries besides the one at the top of this page, each with the record's own label for it. The collection includes titles given to parts of a bill as well as to the whole.

A bill to amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank currency for monetary policy, and for other purposes.Official Title as Introduced

Anti-CBDC Surveillance State ActShort Title(s) as Introduced

Legislative history

S. 1124·Senate·Bill·Finance and Financial Sector

Sen. Ted Cruz(Republican-Texas)·

Mar 25, 2025

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

Documents

Everything Congress printed about this measure. A bill is reprinted each time it changes, the Congressional Research Service summarizes each version, and the committee that reports a bill files its own written account of it.

Bill text

Mar 25, 2025As introduced in the Senate

Plain-language summaries

Mar 25, 2025Introduced in Senate

Where it stands

In committee — the Senate

On the floor — the Senate

In committee — the House

On the floor — the House

Resolving differences

With the President

Became law

Path for a Senate bill