S 464

No CBDC Act

Summary

No Central Bank Digital Currency Act or the No CBDC Act This bill generally prohibits the Federal Reserve Board, Federal Reserve Banks, the Department of the Treasury, and other agencies from issuing or using a central bank digital currency.

Bill status

Status
In committee
Sponsor
Sen. Mike Lee [R-UT]
Cosponsors
2
Policy area
Finance and Financial Sector
Introduced
2025-02-06
Latest action
2025-02-06: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Committee referrals

Recent actions

  • 2025-02-06: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • 2025-02-06: Introduced in Senate