HR 1919 · 119th CongressPassed Housecongress.gov ↗
What this bill does
AI plain-language summaryThis bill stops the Federal Reserve from creating or using a digital version of the U.S. dollar, known as a central bank digital currency. It also prevents Federal Reserve banks from offering services directly to individual people or holding accounts for them. Additionally, the Federal Reserve's Board of Governors is not allowed to test, study, create, or use a digital dollar to manage the economy, though the bill does include some exceptions.
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Jul 17, 2025Discussion (0)
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