Senate bill · S. 1124 (119th Congress)
Anti-CBDC Surveillance State Act
U.S. Senate
Sponsor: Ted Cruz (U.S. Senator for Texas, Republican)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
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.
Summary from the Congressional Research Service. How we handle summaries
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Senate Committee on Banking, Housing, and Urban Affairs · U.S. Senate
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Cosponsors
8
Cosponsors listed on Congress.gov, shown A to Z.
- Republican8
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Related bills
As identified by Congress.gov.
Full history
- Mar 25, 2025
Introduced
Introduced in U.S. Senate
U.S. Senate
- Mar 25, 2025
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Mar 25, 2025
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Mar 25, 2025
Referred to committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.