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Anti-CBDC Surveillance State Act (S. 1124)

Referred to Committee
Introduced 3/25/2025•119th Congress•Senate

Latest Action

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

3/25/2025 • Senate

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.

Introduced in Senate • 3/25/2025

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Topics & Subjects

Congressional Votes (0)

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Related Federal Spending

Sponsor & Cosponsors (9)

Party Breakdown

0
Democrats
9
Republicans
0
Independents

Sponsor

S[
Sen. Cruz, Ted [R-TX]

Republican • TX

Sponsored 3/25/2025

Cosponsors (8)

S[
Sen. Budd, Ted [R-NC]

R-NC

Joined 3/25/2025

S[
Sen. Cramer, Kevin [R-ND]

R-ND

Joined 3/25/2025

S[
Sen. Tillis, Thomas [R-NC]

R-NC

Joined 3/25/2025

S[
Sen. Moreno, Bernie [R-OH]

R-OH

Joined 4/3/2025

S[
Sen. Lummis, Cynthia M. [R-WY]

R-WY

Joined 7/16/2025

S[
Sen. Husted, Jon [R-OH]

R-OH

Joined 1/8/2026

Bill Journey

Originated in the Senate

Introduced

March 25, 2025

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

Committee Review

Floor Debate

Passed Chamber

Other Chamber

President

Enacted into Law

Text Versions (1)

Introduced in Senate3/25/2025

Details

Bill TypeS
Current StatusReferred to Committee
Cosponsors8

Sources and method

· Record updated May 12, 2026
  • Congress.govLibrary of Congress
    Status, actions, sponsors, cosponsors, committees and text
    Record updated May 12, 2026 · Loaded Oct 28, 2026, 9:39 PM ET
  • CRS bill summaryCongressional Research Service, via Congress.gov
    Official summary
    Summary of the “Introduced in Senate” version, Mar 25, 2025 · Loaded Oct 28, 2026, 9:39 PM ET
  • USAspending.govU.S. Department of the Treasury
    Related Federal Spending section
  • FEC filingsFederal Election Commission
    Funding & Lobbying section
  • Lobbying disclosures (LDA)Secretary of the Senate and Clerk of the House
    Funding & Lobbying section

All sources: Public domain (17 U.S.C. § 105) · Method: Data sources → · Campaign finance →

AI-written text on this page is labeled where it appears. It is written from the sources above and is not a source itself. How we analyze data →

Dates shown where the source reports one. “Loaded” is when CIV.IQ last fetched the record.