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News Explorer — Tom Emmer's CBDC Anti-Surveillance State Act Advances to House Floor

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Sep 21, 5:52 pm

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Tom Emmer's CBDC Anti-Surveillance State Act Advances to House Floor

The House Financial Services Committee (HFSC) has passed the CBDC Anti-Surveillance State Act, which aims to prevent the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) to individuals. The legislation is now ready for a future vote on the House floor. The bill has received support from Republican co-sponsors but faced opposition from Democrats on the Committee.

The House Financial Services Committee (HFSC) has passed the CBDC Anti-Surveillance State Act, which aims to prevent the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) to individuals. The legislation is now ready for a future vote on the House floor. The bill has received support from Republican co-sponsors but faced opposition from Democrats on the Committee.

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