Anti-CBDC Surveillance State Act

Hozzl · 2025-08-12T15:35:44Z

Explore the details of House Bill 1919 Anti-CBDC Surveillance State Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

8/12/2025, 3:35 PM

Summary of Bill HR 1919

Bill 119 HR 1919, also known as the Federal Reserve Transparency and Accountability Act, aims to make changes to the Federal Reserve Act. The bill seeks to prohibit Federal Reserve banks from offering certain products or services directly to individuals. This means that the Federal Reserve would no longer be able to provide certain financial services to individual consumers.

Additionally, the bill aims to prohibit the use of central bank digital currency for monetary policy. This means that the Federal Reserve would not be able to use digital currency as a tool for implementing monetary policy.

Overall, the goal of Bill 119 HR 1919 is to increase transparency and accountability within the Federal Reserve system by limiting the types of products and services that Federal Reserve banks can offer and by restricting the use of digital currency for monetary policy purposes.

Congressional Summary of HR 1919

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.

Read the Full Bill

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Current Status of Bill HR 1919

Bill HR 1919 is currently in the status of Passed in House since July 17, 2025. Bill HR 1919 was introduced during Congress 119 and was introduced to the House on March 6, 2025. Bill HR 1919's most recent activity was Motion to reconsider laid on the table Agreed to without objection. as of July 17, 2025

Bipartisan Support of Bill HR 1919

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

814

Democrat Cosponsors

Republican Cosponsors

814

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 1919

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 1919

To amend the Federal Reserve Act to prohibit the Federal reserve banks from offering certain products or services directly to an individual, to prohibit the use of central bank digital currency for monetary policy, and for other purposes,.

Comments

Coraline Buckley

25,681

4 months ago

I don't like this bill, sounds sketchy.

Esmeralda Lanier

26,026

7 months ago

I can't believe this bill is even being considered. It's just another way for the government to invade our privacy and control our finances. It's ridiculous that they think this is necessary. Who benefits from this? Certainly not the American people.