Anti-CBDC Bill Advances with 27-22 Vote in House Committee Alongside Other Key Legislation

During a full committee markup on Wednesday, the House Committee on Financial Services, led by Chairman French Hill (AR-02), approved the CBDC Anti-Surveillance State Act and other critical legislation. The CBDC Anti-Surveillance State Act passed the House Financial Services Committee with a narrow 27-22 vote. This bill aims to stop the Federal Reserve from issuing a digital dollar, citing concerns over financial surveillance and the risk of the central bank becoming a retail banking entity. It prohibits the Federal Reserve System from deploying a CBDC through intermediaries and blocks the use of digital currency for monetary policy source: https://news.shib.io/2025/04/04/anti-cbdc-bill-advances-with-27-22-vote-in-house-committee-alongside-other-key-legislation/?utm_source=rss&utm_medium=rss&utm_campaign=anti-cbdc-bill-advances-with-27-22-vote-in-house-committee-alongside-other-key-legislation