Search Results for keywords:"cbdc"

Search Results: keywords:"cbdc"

H. R. 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.
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March 06, 2025
Status:Introduced in House
Congress:119
Words:1,238
H.R. 1919 is a proposed law that aims to change the Federal Reserve Act to prevent Federal Reserve banks from offering certain products or services directly to individuals. It also seeks to stop the Federal Reserve from issuing or using a central bank digital currency (CBDC) for monetary...
Simple Explanation
H.R. 1919 is a bill that wants to stop the U.S. Federal Reserve, which helps manage money for the country, from making its own digital money or offering certain financial services directly to people, because some think this could help keep things fair and secure.
S. 464 — To amend the Federal Reserve Act to limit the ability of Federal Reserve banks to issue central bank digital currency.
February 06, 2025
Status:Introduced in Senate
Congress:119
Words:363
S. 464 seeks to amend the Federal Reserve Act to restrict the Federal Reserve banks and other related agencies from issuing central bank digital currency (CBDC) directly to individuals or through intermediaries. The bill also prohibits these entities from offering services...
Simple Explanation
The bill S. 464 wants to make a rule that the Federal Reserve cannot give or manage digital money directly to people or handle their digital money accounts.

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