HR 1430 119th Congress House In Committee

No CBDC Act

Latest action: Referred to the House Committee on Financial Services. · Feb 18, 2025

View full text on Congress.gov ↗ Policy area: Finance and Financial Sector

Legislative 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.

Source: Congressional Research Service (CRS).

Sponsor

Rep. Ogles, Andrew [R-TN-5]
Independent · TN

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